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Global Oil Prices

NEW YORK: Global stock markets were mixed on Monday ahead of key US economic data and a European Central Bank meeting, while crude prices gained as the new Saudi oil minister signaled he would defend oil prices. Major US stock indices finished little changed ahead of...

Investment in Oil

ISLAMABAD: Pakistan has sought local and foreign investment in the oil and gas sector, as there is huge potential in the sector and the government is offering good prices to the oil and gas exploration and production companies. Minister for Petroleum and Natural...

Oil and Politics

Two events that have of late come to pass are likely to exercise a profound impact on the Middle East as well as world politics. One is the attack on Saudi oil installations; the other is China’s announcement to invest $400 billion in sanctions-hit Iran, mainly in the...

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