OPEC flags increase uncertainty, cuts the global prospects for oil demand for 2025 Blogging Sole

OPEC flags increase uncertainty, cuts the global prospects for oil demand for 2025

 Blogging Sole

The OPEC logo is seen in this illustration taken on October 8, 2023. – Reuters The organization of oil exporting countries (OPEC) slightly reduced its oil demand growth forecasts on Monday, citing the impact of American tariffs on the global economy. The oil cartel led by Saudi Arabia said in its monthly report that it … Read more

Trump tells Davos that he will demand a drop in interest rates and oil prices Blogging Sole

Trump tells Davos that he will demand a drop in interest rates and oil prices

 Blogging Sole

US President Donald Trump delivered a special distance speech during the 55th annual meeting of the World Economic Forum (WEF) in Davos, Switzerland, January 23, 2025. – Reuters Trump’s first remarks to world leaders since his inauguration. The American president severely criticizes his allies, Canada and the European Union. He declares that he will ask … Read more

Low demand drives 10% drop in oil and gas production Blogging Sole

Low demand drives 10% drop in oil and gas production

 Blogging Sole

A representative image of a MOL Pakistan Oil and Gas Company field station site. — MOL Pakistan website/file The main oil fields experience a drop in production between July and December. Other gas fields of Mari, Qadirpur, Sui and Sharf also report decline to go out. Oil production fell 12% while gas production fell 7%. … Read more

PTI officially withdraws demand for electoral mandate after government talks, says Sanaullah Blogging Sole

PTI officially withdraws demand for electoral mandate after government talks, says Sanaullah

 Blogging Sole

Listen to the article Rana Sanaullah, Prime Minister Shehbaz Sharif’s political advisor, announced on Thursday that after lengthy negotiations, the PTI had withdrawn its demand for return of its electoral mandate. Sanaullah revealed that Prime Minister Shehbaz Sharif had formed a special committee to respond to the written demands submitted by the opposition. The committee … Read more

Govt prepares for PTI’s ‘mandate demand’ as party ‘faces hurdles’ in imprisoned Imran meeting Blogging Sole

Govt prepares for PTI’s ‘mandate demand’ as party ‘faces hurdles’ in imprisoned Imran meeting

 Blogging Sole

National Assembly Speaker Ayaz Sadiq chairs the second meeting between the government and the PTI Negotiating Committee on January 2, 2025 at the Parliament House in Islamabad. -PID Rana Sanaullah compares the February 8 elections to the 2018 polls. “Politicians must decide on free and fair elections.” PTI demands meeting with imprisoned Imran for consultation. … Read more