Oil prices edged up in Asian trading, heading for a weekly gain of more than 3 per cent as US jobs data calmed demand concerns and fears of a widening Middle East conflict persisted, Reuters reports.

Brent crude futures rose 2 cents, or 0.03pc, to $79.18 a barrel by 0651 GMT. US West Texas Intermediate crude futures were up 10 cents at $76.29 per barrel.

Both Brent and WTI were set to gain more than 3pc on a weekly basis.

Opinion

A changed world

A changed world

The phrase ‘security provider’ sounds impressive but there is little clarity on what it means for the country.

Editorial

Bannu attack
Updated 12 May, 2026

Bannu attack

The security narrative and strategy of the KP government diverges considerably from the state’s position.
Cotton crisis
12 May, 2026

Cotton crisis

PAKISTAN’S cotton economy is once again facing a crisis that exposes the country’s flawed agricultural and...
Buddhist heritage
12 May, 2026

Buddhist heritage

THE revival of Buddhist chants at the ancient Dharmarajika Stupa in Taxila after nearly 1,500 years is much more ...
New regional order
Updated 11 May, 2026

New regional order

The fact is that the US has only one true security commitment in the Middle East — Israel.
A better start
11 May, 2026

A better start

THE first 1,000 days of a child’s life often shape decades to come. In Pakistan, where chronic malnutrition has...
Widening gap
11 May, 2026

Widening gap

PAKISTAN’S monthly trade deficit ballooned to $4.07bn last month, its highest level since June 2022, further...