crude oil
Oil Tops $90 Again, Raising Concerns Over Another Fuel Price Hike in Pakistan
International oil prices have climbed above $90 per barrel again, increasing the possibility of another rise in petrol and diesel prices in Pakistan if global market trends continue to put pressure on domestic fuel costs. Brent crude settled at $90.87 per barrel on August 17, marking a gain of more than $2 as concerns over […]
SBP Relaxes Forex Rules to Accelerate Energy Imports Amid Rising Demand
The State Bank of Pakistan (SBP) has introduced new measures to ease foreign exchange regulations, aiming to streamline the import of essential energy resources. The move comes as Pakistan navigates global market volatility and increasing domestic energy requirements. In a recent circular issued to authorized dealers, the central bank allowed commercial banks to issue financial […]