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Tag: Brent crude

OPEC+ output hike pushes up crude prices amid Russian supply risks | The Express Tribune

Posted on September 9, 2025 By Admin No Comments on OPEC+ output hike pushes up crude prices amid Russian supply risks | The Express Tribune
OPEC+ output hike pushes up crude prices amid Russian supply risks | The Express Tribune

Oil extended gains on Tuesday, supported by the latest oil output hike from OPEC+ being smaller than anticipated, expectations that China will continue stockpiling oil and concerns over potential new sanctions on Russia. Eight members of the Organization of the Petroleum Exporting Countries and allies agreed on Sunday to raise production from October by 137,000 barrels…

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Big Drop Expected in Petrol Prices | The Express Tribune

Posted on September 12, 2024 By Admin No Comments on Big Drop Expected in Petrol Prices | The Express Tribune
Big Drop Expected in Petrol Prices | The Express Tribune

A reduction in the prices of petroleum products is expected by the end of this week, owing to the drop in global oil prices. If confirmed, this would mark the third consecutive bi-weekly drop in prices of petroleum products. Petrol is expected to become cheaper by Rs12 per litre while the price of diesel is also…

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