Latest US production dropped from 13.1m to 10.5m in 12 weeks. The 2.6mn (~20%) drop is significant & in line with a 23% cut announced by the OPEC+. Exceptionally, Saudi...
The news of petroleum shortage has been making rounds, with nearly all pumps, barring PSO’s, reportedly out of fuel inventory. The disparity between domestic...
Moody’s has placed Pakistan top 5 Banks(HBL, NBP, UBL, MCB, & ABL) on review for downgrade the B3 long-term local-currency deposit ratings, foreign currency...
Automobile sales witnessed an unparalleled decline during Apr20, falling down to record low levels. Passenger vehicles were unable to register any sales during Apr20,...
Regulated POL products’ prices were lowered for the second time in the last two months, raising concerns of possible inventory losses for Oil Marketing...
