Riyadh: Saudi Aramco shares have lost most of the gains they made since listing in December in a landmark first offering, as oil prices drop amid alarm over the new coronavirus. China´s energy demand has sagged as authorities lock down millions of people to prevent the spread of the disease, with major knock-on effects for a global economy dependent on the Asian powerhouse. The slump, which has slashed main oil contracts by up to 20 percent since the virus panic began, threatens to undercut Gulf economies that have already been battling both low prices and low demand for energy exports.
This picture released on August 13, 2023, shows WAPDA House in Lahore. — Facebook/WAPDALAHORE: Water and Power...
This image released on April 18, 2024, shows the meeting on Kisan Card at the Sindh Secretariat. — Facebook/Jam...
Pakistan State Oil HQs can be seen in this picture. — PSO websiteKARACHI: Pakistan State Oil and Pakistan Railways ...
This representational image shows gold bars. — UnsplashKARACHI: Gold prices increased by Rs500 per tola on Friday in...
Representational image of a working oil pumpjack. — AFP/FileLONDON: Plentiful supplies of some of the biggest crude...
Prime Minister personally promises to ensure that our bureaucracy does not play tricks with them
