Pakistan Revenue
This tag provides stories related to oil prices. Pakistan Revenue is committed to provide latest updates on oil prices to the valued visitors. The update on oil prices are very important because those affect all segments of socity.
Brent extends losses for fourth straight session amid easing supply disruption fears Crude oil prices fell sharply on Tuesday, with Brent sliding more than 3% to hover near $80 per barrel as expectations of a US–Iran agreement improved the global supply outlook and extended a recent selloff.
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Oil prices surged nearly 5% on Tuesday in response to escalating geopolitical tensions after Iran launched a barrage of missiles toward Israel. This action has sent shockwaves through the energy market, intensifying concerns over the stability of oil supplies from the Middle East.
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Oil prices surged to a six-month high, reaching levels not seen since October, as escalating tensions in the Middle East sent shockwaves through global markets.
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KARACHI: The international oil prices have fallen by around 15 percent since the outbreak of deadly coronavirus, analysts at Arif Habib Limited said on Tuesday.
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