Supply from non-OPEC+ producers will lead output increases through the end of next year, while OPEC+ supply could drop with full-force embargoes on Russian oil in the West and producers outside the Middle East struggling to increase production.
Author: Javed Mahmood
Javed Mahmood
I am an experienced writer, analyst, and author. My exposure in English journalism spans more than 28 years. In the past, I have been working with daily The Muslim (Lahore Bureau), daily Business Recorder (Lahore/Islamabad Bureaus), Daily Times, Islamabad, daily The Nation (Lahore and Karachi). With daily The Nation, I have served as Resident Editor, Karachi. Since 2009, I have been working as a Freelance Writer/Editor for American organizations.
IMF said that it “supports the government’s multipronged strategy to restore energy sector viability which shares the burden of restoring viability across all stakeholders — the government, producers, and consumers”.
Bitcoin has dropped to $21,775 on Thursday (June 16) while its market capitalisation has fallen to $415 billion, from over one trillion dollars in November 2021.
Millions of crypto-lovers have sidelined from the market after facing losses and waiting for the return of good days. Miners too have adopted wait-and-see policy as the cost of mining has increased because of a drastic decline in the value of Bitcoin and Altcoins.
Chairman of Al Adil Trading in UAE said as a result of the export ban, the prices of wheat will definitely not go up and stabilise at the current levels in the country.
Iran insists the rocket is designed only for satellites, but critics say it can carry ballistic missiles.
China has not criticised Russia’s invasion of Ukraine and has not referred to it in such terms, while accusing NATO and the West of provoking Moscow into attacking.
ISLAMABAD: Prime Minister Shehbaz Sharif said that his government would release “details soon” regarding the previous PTI regime’s deal with…