Tue, 21-Oct-2025

G7 talks on fresh Russian sanctions are driving up oil prices

oil

Brent crude futures rose 2.56, or 2.3%, to $115.68 a barrel by 1:56 p.m. ET (1756 GMT). U.S. West Texas Intermediate crude was up $2.51, or 3.3% at $110.14 a barrel. Both crude benchmarks closed down for the second week in a row on Friday as interest rate hikes strengthened the dollar and fanned fears … Read more

Opec+ delays technical meetings to review market conditions

Opec

RIYADH: The Organization of the Petroleum Exporting Countries and its allies, a grouping known as Opec+, is moving two technical meetings to later this week after oil’s rout last Friday, Bloomberg reported. The move seeks to allow its committees more time to evaluate the impact of a new strain of the coronavirus. A joint technical committee meeting … Read more

Exporting Skilled Labour Force Beneficial for Pakistan

Pakistan and Romania

Pakistan can earn huge foreign exchange by exporting skilled labour force to Romania as that country is experiencing shortage of trained human resources. This was stated by Pakistan Ambassador designate to Romania Dr. Zafar Iqbal while talking to the LCCI President Irfan Iqbal Sheikh at the Lahore Chamber of Commerce & Industry. LCCI Vice President … Read more