Showing posts with label Oil prices. Show all posts
Showing posts with label Oil prices. Show all posts
Thursday, 12 September 2024

Pakistan: Central Bank Reduces Policy Rate

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The State Bank of Pakistan (SBP) announced its monetary policy statement today (September 12, 2024) decreasing the policy rate by 200bps to ...
Wednesday, 24 April 2024

Resilience of Russian Economy, beyond doubt

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Bloomberg reports that Russian government has touted robust domestic demand in boosting its 2024 growth forecast on Tuesday. While some migh...
Wednesday, 31 May 2023

Transition from OPEC to OPEC Plus

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OPEC was founded in 1960 in Baghdad by Iraq, Iran, Kuwait, Saudi Arabia and Venezuela with an aim of coordinating petroleum policies and sec...
Monday, 29 May 2023

OPEC to welcome Iran’s return to oil market

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OPEC will welcome Iran’s full return to the oil market when sanctions are lifted, the secretary general of the Organization of the Petroleum...
Wednesday, 10 May 2023

US House committee to consider bill on pressuring OPEC

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The House Judiciary Committee was set to consider a bill on Wednesday to pressure the OPEC oil production group to stop making output cuts t...
Wednesday, 22 February 2023

Pakistan: OGDC profit down 22%QoQ

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Pakistan’s largest exploration and production company, Oil & Gas Development Company (OGDC) has reported its 2QFY23 financial results, p...
Saturday, 10 December 2022

Xi calls for oil trade in yuan

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President Xi Jinping told Gulf Arab leaders that China would work to buy oil and gas in yuan, a move that would support Beijing's goal t...
Tuesday, 19 April 2022

Interruption in Libyan oil supply: A cause of concern or bluff only

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Contrary to the wishes of US fund managers price of crude oil could not be jacked up. The United States caused a war like situation in Ukrai...
Tuesday, 5 April 2022

Saudi Arabia chooses Putin over Biden on Ukraine to keep oil Prices high

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I have selected an article by David Ottaway dated March 02, 2022 and want to share it with readers of my blogs.  This may help them understa...
Sunday, 3 April 2022

Bangladesh Forex Crisis threatens macroeconomic stability of the country

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According to The Bangladesh Chronicle, like other countries of the world, Bangladesh too is facing volatility in the foreign exchange market...
Thursday, 3 March 2022

Will crippling Russian economy stop Putin?

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A week since Russian forces invaded Ukraine; President Vladimir Putin's economy is feeling the effects of global condemnation. Matthew B...
Tuesday, 1 March 2022

Shipping fallout post Ukraine invasion

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According to Seatrade Maritime News, the hike in cost of fuel reflects the most immediate impact on shipping of the Russia-Ukraine conflict....
Friday, 4 February 2022

OPEC plus decides fate of energy market in 16 minutes

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The Ministers of the OPEC plus, who met via video conference, rubber-stamped in just 16 minutes the monthly production hike by 400,000 bpd. ...
Sunday, 7 November 2021

US accuses OPEC Plus jeopardizing global economic recovery

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The White House has said OPEC Plus is risking imperiling the global economic recovery by refusing to speed up oil production increases and w...
Friday, 21 April 2017

Pakistan Stock Exchange Witnesses Quantum Jump in Average Daily Trading Volume

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During the week ended 20 th April, 2017, Panama case verdict cleared political uncertainty along with upcoming MSCI inclusion, positi...
Friday, 31 March 2017

Pakistan Stock Market Remains Lackluster

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Trading at Pakistan Stock Exchange remained lackluster evident from benchmark index sliding by 1.7%WoW and closing the week at 48,156 poin...
Friday, 24 March 2017

Pakistan Stock Market Witnesses Return of Foreign Investors

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The benchmark index of Pakistan Stock Exchange closed the week ended 24 th March 2017 at 48,971, up paltry 1.16%WoW. Investors remained c...
Sunday, 19 March 2017

Pakistan Stock Market remains laclkuster

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Due to political uncertainty and regulatory pressures the benchmark of Pakistan Stock Exchange index remained unexciting. The week ending ...