Oil Falls Below $100 After Sharp Rise on Middle East Tensions
Brent crude fell back below $100 a barrel on October 2 as markets weighed possible emergency diesel and crude stock releases after the previous day's sharp rise.
Pakistan business, companies, markets, investment and industry news.
Brent crude fell back below $100 a barrel on October 2 as markets weighed possible emergency diesel and crude stock releases after the previous day's sharp rise.
Pakistan's petroleum product sales fell 2% year-on-year in September as petrol volumes declined 5% and high-speed diesel sales dropped 11%.
The KSE-100 closed 481.36 points lower at 168,155.49 on October 2 as investors remained cautious amid Middle East tensions and pressure across major sectors.
TCP's tender to export 107,739 metric tonnes of imported white refined sugar received no bids after a $660-per-tonne reserve price was set above prevailing international market levels.
New FBR rules allow tax officials to seal premises that fail required integration with electronic production and sales monitoring systems, with non-compliant specified goods also exposed to seizure and confiscation.
Rapid solar adoption is cutting demand for grid electricity in Pakistan and adding financial pressure to utilities and Chinese-backed coal projects, according to a new report.
Topline Research says 88 KSE-100 companies representing about 96% of index market capitalisation earned Rs609 billion in 4QFY26, up 34% year on year.
The Islamabad High Court has sought an OGRA report on a restriction dating to 2019 that has blocked fresh OMC licence applications from local investors.
ADB is considering $1.1 billion in proposed financing for an upgrade of the roughly 480km Karachi-Rohri section of Pakistan Railways’ ML-1 corridor.
Pakistan is considering allowing power plants and other private companies to import LNG directly as the government looks to make greater use of idle terminal capacity.
Honda Atlas has ended production of the BR-V in Pakistan after the model completed its lifecycle, with recent monthly output reported at roughly 25 to 50 units.
OGDCL has hired PINSTECH to test more than 2,000 produced-water and brine samples from candidate wells for lithium and other critical elements.
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