Oil falls after US-Iran talks conclude in Switzerland
Oil prices declined on Monday after US-Iran talks concluded in Switzerland with Tehran saying it had secured waivers for oil and petrochemical exports, easing worries about a supply shortage in…
Ogra allows Pakistan Refinery to export 50,000 tonnes of furnace oil in June
Approval follows the National Coordination Committee decision and is subject to domestic uplift requirements and export plan compliance The Oil and Gas Regulatory Authority has allowed Pakistan Refinery Limited to…
Pakistan: Vessel carrying 73,000 MT of crude oil to arrive at KPT
A vessel, P Aliki, carrying 73,000 metric tons of crude oil, is set to arrive at Karachi Port Trust (KPT) on Thursday. According to the KPT’s shipping intelligence report, the…
Pakistan’s refineries move to export furnace oil as domestic demand weakens, stocks build up
PRL to ship 37,000 tonnes, PARCO and PARL prepare cargoes, NRL seeks OGRA nod for 40,000–60,000 tonnes amid storage constraints Pakistan’s refining sector is preparing a fresh round of furnace…