oil News

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BofA’s Hartnett sees market echoes of 2008 financial crisis

Bank of America’s Chief Investment Strategist, Michael Hartnett, warns that current market conditions are starting to mirror the prelude to the 2008 global financial crisis, driven by soaring oil prices and mounting concerns around private credit, according to Bloomberg.

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Saudi Arabia’s Yanbu diversion faces capacity, logistical hurdles

Saudi Arabia is rerouting crude oil exports to its Red Sea port of Yanbu after flows through the Strait of Hormuz were disrupted by the ongoing conflict in the Middle East.

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Oil prices sink amid USA warning to Iran

Oil prices tumbled by around 10% on Tuesday after U.S. President Donald Trump warned Iran against disrupting shipments through the Strait of Hormuz, while also suggesting that the ongoing conflict with Tehran could soon come to an end.

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G-7, IEA move calms oil peak

Following the dramatic early-morning surge where global oil prices rocketed past $116 per barrel, the market has begun to show signs of a "cooling off" period.

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Global oil prices spike to $116 amid Strait of Hormuz crisis

Global oil prices surged past the $110-a-barrel mark after Iran moved to close the strategically vital Strait of Hormuz, which triggered sharp reactions across energy and financial markets.

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How energy prices could end the US-Iran conflict

The world is standing on the edge of an economic precipice, watching a conflict that has transformed the global landscape in just six days.

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Goldman Sachs warns GCC growth to plunge amid Hormuz crisis

The Middle East is at a critical economic crossroads as the conflict between the US/Israel and Iran intensifies, forcing the Gulf Cooperation Council (GCC) into a complex financial paradox.

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Markets brace for a global energy shock

Energy markets are screaming "red alert" as crude oil prices factor in a massive $18/bbl real-time risk premium following a weekend of military escalation in the Middle East.

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Oil drops on Trump's plan to bring Venezuelan crude to U.S

Oil prices have fallen after U.S President Donald Trump said Venezuela’s interim authorities will turn over between 30 million and 50 million barrels of oil to the United States following the ouster of authoritarian leader Nicolás Maduro.

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OMC sales rise 6% YoY in December 2025

Oil Marketing Companies (OMCs) in Pakistan recorded a 6% YoY growth in sales volumes during December 2025, with total offtake reaching 1.35 million tons (mt) compared to 1.28mt in December 2024.

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Name Price/Vol %Chg/NChg
KSE100 153,866.17
113.04M 		-0.36%
-555.27
ALLSHR 92,322.41
289.91M 		-0.18%
-165.37
KSE30 47,054.02
67.50M 		-0.57%
-268.71
KMI30 220,139.18
52.42M 		-0.81%
-1787.82
KMIALLSHR 59,630.44
114.87M 		-0.43%
-258.98
BKTi 44,089.65
23.49M 		-0.09%
-38.05
OGTi 31,668.31
6.28M 		-0.15%
-47.11
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 71,495.00 74,210.00
70,200.00 		850.00
1.20%
BRENT CRUDE 103.89 103.95
97.60 		3.43
3.41%
RICHARDS BAY COAL MONTHLY 99.40 0.00
0.00 		-12.90
-11.49%
ROTTERDAM COAL MONTHLY 122.70 123.80
122.70 		-1.10
-0.89%
USD RBD PALM OLEIN 1,083.50 1,083.50
1,083.50 		0.00
0.00%
CRUDE OIL - WTI 99.31 99.32
92.04 		3.58
3.74%
SUGAR #11 WORLD 14.41 14.53
14.30 		0.03
0.21%
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