Oil prices fell more than 1 percent on Wednesday, extending this week's losses and trading near four-month lows, on signs that more oil tankers stranded in the Gulf are set to move out of the Strait of Hormuz.…
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• Oil firms assured of import premium-based pricing to minimise losses • OMCs warn repeated revisions discouraging foreign investment ISLAMABAD: The Petroleum Division of the Ministry of Energy on Tuesday assured…
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The Karachi Gateway Terminal Ltd (KGTL) is planning up to $100 million in new investment within five years as Pakistan tries to cut freight costs and turn a cargo surge triggered by the Iran war into longer-term…
