Minister refutes reports of cut-price oil deal with Russia Blogging Sole

Minister refutes reports of cut-price oil deal with Russia

 Blogging Sole

The Maltese-flagged tanker Minerva Baltica sails through the Bosphorus en route to the Black Sea in Istanbul, Turkey, December 5, 2022. — Reuters Islamabad does not buy any crude oil cargo from Moscow: Malik. The minister said the government was considering postponing 5 additional LNG cargoes. Highlights excess LNG due to lack of purchase by … Read more

Trump’s tariff measures could redirect Canadian and Mexican oil to Asia Blogging Sole

Trump’s tariff measures could redirect Canadian and Mexican oil to Asia

 Blogging Sole

A TORC Oil & Gas pump jack is seen near Granum, Alberta, Canada, May 6, 2020. — Reuters Tariffs could harm American consumers, industry warns. Canadian and Mexican producers would turn to Asia. Analysts doubt Trump’s tariffs will pass. Oil producers in Canada and Mexico will likely be forced to cut prices and divert supplies … Read more

Pakistan sees fuel prices fall by Rs 47.54 per liter since May, oil minister reports Blogging Sole

Pakistan sees fuel prices fall by Rs 47.54 per liter since May, oil minister reports

 Blogging Sole

ISLAMABAD: Petroleum Minister Musadik Masood Malik on Thursday informed the National Assembly that oil prices in Pakistan have decreased by Rs 47.54 per liter since May. Replying to various questions, the minister explained, “Pakistan purchases fuel at international market rates, but we get some discounts on the premium. » He explained: “Under an agreement, we … Read more

IMF expresses concerns over $1.2 billion Saudi oil facility Blogging Sole

IMF expresses concerns over .2 billion Saudi oil facility

 Blogging Sole

The International Monetary Fund logo is seen inside the headquarters in Washington, United States, October 9, 2016. — Reuters Potential delay linked to Saudi Arabia conditions on the Reko Diq project. Sources suggest Pakistan has a backup plan if Saudi oil facilities shut down. The IMF mission discusses external financing in the context of economic … Read more