Oil prices recorded limited gains on Monday after U.S. President Donald Trump extended a deadline for trade talks with the European Union, easing concerns about U.S. tariffs on the bloc that could hurt the global economy.

Dealmaking in the U.S. oil patch has slowed to a crawl in 2025, with the activity expected to stay muted for the rest of the year, as some prolific buyers focus on squeezing out value from their past acquisitions, while others curb their appetite for takeovers…

Kazakhstan will likely exceed its original oil output plans for 2025 of 96.2 million tons due to expansion at the Chevron-led CVX Tengiz field, Energy Minister Erlan Akkenzhenov was quoted as saying, defying pressure from OPEC+.

Saudi Arabia is expected to burn more crude oil for power generation this summer than last as it ramps up output after OPEC+ eases supply controls and as fuel oil has become costly, analysts and trade sources said.

OPEC+ supply

European Commission president says she had a “good call” with Trump and Union is ready to move quickly.

Analyst attributes the decline to media reports of disagreements with IMF over the circular debt resolution plan.

There are days when the pronouncements from Islamabad are not just diplomatic statements, but anguished cries for the world to witness an unfolding tragedy. The recent press conference, where Pakistan’s senior military and government officials laid bare India’s…

PESHAWAR – Love, respect, and new beginning at 90, this is story of Maulana Saifullah, a resident of northwestern Pakistan, who tied the knot with blessings of his sons. Four sons of Saifullah organized his wedding in Bisham, KP. The simple yet meaningful…

During a meeting at its headquarters, Tunisia's Ministry of Industry, Mines and Energy, Fatma Thabet Chiboub highlighted the need to support Les Ciments de Bizerte in its restructuring process....

Institutional venture capital platform Suffolk Technologies, part of US-based builder Suffolk, is investing in Sublime Systems, which uses a proprietary electrochemical process to produce cement....

Bolivia's cement market contracted 7.9 per cent in the first quarter of 2025 as local consumption fell to 881,032t from 956,391t in the 1Q24, according to the country's statistics institute, INE....

The USG Supramax freight market grappled with uncertainty during the first half of the month in the midst of tariff disputes between the US, China and others. The announced fees for Chinese built...

Cement consumption in Spain declined 3.2 per cent to 1,282,296t in April 2025, according to Oficemen, the country's cement association. 
“This figure was influenced by the calendar effect, wit...

ISLAMABAD, May 26 (APP): The 100-Index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Monday, losing 881.55 points, a negative change of 0.74

ISLAMABAD, May 26 (APP): The Rupee on Monday depreciated by 08 paisa against the US Dollar in the interbank trading and closed at Rs 282.05 against the

ISLAMABAD – Kuwait has lifted visa ban on Pakistani citizens after the gap of 19 years. Focal person of the Ministry of Overseas Pakistanis, Mustafa Malik, said that the world is opening its doors to skilled Pakistani workers. The Kuwaiti government has started…

ISLAMABAD – Federal Finance Minister Muhammad Aurangzeb has stated that no decision has yet been made regarding an increase in civil and military salaries, while efforts are underway to provide relief to the salaried class in the upcoming budget. Speaking…