Claims of the discovery of oil and gas reserves in Pakistan repeatedly make headlines across the world. But every time it ...

Crude oil futures fell for a second straight session, ahead of a likely increase in production by OPEC+, while a weaker than ...

Oil prices $2 a barrel on Friday because of jitters about a possible increase in production by OPEC and its allies, while a weaker-than-expected U.S. jobs report fed worries about demand.

Pakistan's Oil & Gas Development Company Limited (OGDCL) announced an oil discovery in the southeastern province of Sindh, ...

OPEC+ emphasized that the decision was made against the backdrop of the current stable fundamental factors on the oil market reflected in low global reserves ...

Pakistan's domestic oil production has been on the decline. Data shows it produced 89030 barrels of crude oil per day in 2019 ...

The United States and Pakistan say they have reached a trade agreement that is expected to allow Washington to help develop ...

U.S. crude oil inventories rose sharply last week as domestic production and imports increased and exports fell, according to ...

Pressed on whether new sanctions on Russian oil could hurt the global market, President Trump brushed it off on Tuesday: “I ...

Kuwait's oil minister said he was optimistic about the oil market's fundamentals and that OPEC+ efforts aim for market ...