Oil prices hit record

Published

LONDON, April 19: World oil prices on Wednesday struck fresh historic peaks above 74.0 dollars in London and close to 72.0 dollars in New York on global supply concerns.

Crude futures, which in recent days have reached all-time highs on fears of military conflict between the United States and Iran, hit the new records after the US government revealed a further drop in stockpiles of US gasoline

In London, the price of Brent North Sea crude for June delivery climbed to a new high of 74 dollars per barrel.—AFP

Opinion

Editorial

GB Assembly’s demand
Updated 21 Jul, 2026

GB Assembly’s demand

THE newly elected Gilgit-Baltistan Assembly last week adopted a unanimous resolution asking the centre to grant the...
Spain’s statement
21 Jul, 2026

Spain’s statement

IT was a one-sided affair for the most part. The FIFA World Cup 2026 concluded in the early hours of Monday for...
Slow death
21 Jul, 2026

Slow death

MANCHHAR Lake, which is situated at the foot of the Kirthar range, was once Pakistan’s largest freshwater body ...
Unmasking stability
Updated 20 Jul, 2026

Unmasking stability

THREE reports last Friday — a widening food trade gap, return to a current account deficit, and the government’s...
Flood data gap
20 Jul, 2026

Flood data gap

HAVING endured one of its worst floods last year — triggered by intense monsoons and compounded by sudden water...
Zero-dose alert
20 Jul, 2026

Zero-dose alert

ALTHOUGH Pakistan recently announced its first National Vaccine Policy, it will take time before the immunity gap ...