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Tag: Crude

Our way is open to trade crude oil in Chinese currency, Chinese Foreign Ministry
  • International

Our way is open to trade crude oil in Chinese currency, Chinese Foreign Ministry

PNP DeskJune 13, 2023September 13, 202402 mins

The Chinese Ministry of Foreign Affairs says that in principle, our way is open for the trade of crude oil in Chinese currency. The Chinese Foreign Ministry has given this statement on Pakistan’s payment to Russia in Chinese currency for the purchase of crude oil. China says that this is normal trade cooperation between Pakistan…

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The work of extracting crude oil from the ship from Russia has started
  • Business

The work of extracting crude oil from the ship from Russia has started

PNP DeskJune 12, 2023September 13, 202402 mins

The work of extracting crude oil from the ship from Russia started. According to Pakistan Refinery sources, 3 thousand tons of oil will be transferred to Pakistan Refinery from the ship. Sources say that the transfer of Russian crude oil from Pure Point will be completed tomorrow. It should be noted that the first Russian…

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Crude oil prices fell to a 15-month low in the global market
  • International

Crude oil prices fell to a 15-month low in the global market

PNP DeskMarch 19, 2023September 11, 202402 mins

U.S. West Texas Intermediate crude futures were down $1.61 at $66.74 a barrel. Photo: File Lahore: Crude oil prices in the global market fell to $48 per barrel, which is the lowest level of oil prices in 15 months. According to the World News Agency, crude oil prices in the world market fell to a…

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Crude oil prices are stable in the global market
  • International

Crude oil prices are stable in the global market

PNP DeskFebruary 23, 2023September 10, 202403 mins

Washington: Oil prices remained stable in the global market, data showed the possibility of further increase in interest rates, which could reduce economic growth. Brent crude futures for April delivery on the international market were up 2 cents at $83.07 a barrel by 0242 GMT after falling 1.2 percent on Tuesday, according to foreign media…

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About PNP

Press Network of Pakistan (PNP), registered with the Government of Pakistan since January 2011, is an Islamabad-based global newswire service that takes pride about its unbiased news reporting both in English and Urdu languages.

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