Oil slips as G7 releases reserves and Gulf exports recover
Brent fell to $101.59 on Monday as G7 nations released 100 million barrels from reserves and Middle East crude exports rose above pre-war levels on some days.
Energy
The latest Energy news, reporting and analysis from The Indus Compass.
Solar power overtakes nuclear in Pakistan for the first time
Pakistan's nuclear output hit a record 22.5TWh in 2025, but solar generated 36.3TWh, overtaking nuclear for the first time, a global industry report says.
Power bills may rise Rs1.73 a unit, adding Rs29.5bn burden
The CPPA has asked Nepra to add Rs1.73 a unit to electricity bills as a fuel adjustment for August, a Rs29.5bn burden on consumers including K-Electric users.
Saudi oil flows from Yanbu recover after drone attacks
Saudi Arabia has resumed tanker loadings at Yanbu after restarting its East-West pipeline, and the US offered 40 million barrels from its reserve, pushing oil prices down.
Petrol cut by Rs1.49, diesel by Rs2.73 as oil prices ease
Petrol now costs Rs387.54 a litre and diesel Rs402.24 from today, the second cut in two days as world oil prices ease and Saudi exports recover.
7.6 million sign up for fuel relief as Dar praises 'whole of government' effort to ease war-driven petrol costs
Deputy PM Ishaq Dar reviewed the PM's fuel relief scheme, under which 7.6 million motorcycle, rickshaw and small-car owners have registered for Rs100 a litre off.
Qatar extends LNG supply halt to Pakistan through November as Hormuz stays shut
QatarEnergy told Pakistan and Bangladesh that LNG deliveries will stay suspended through November, with the Strait of Hormuz still closed by the US-Iran war.
Airfares likely to stay high even if jet fuel prices fall, airlines warn
Jet fuel prices have nearly doubled since the Iran war began, and airlines say fares may not come down soon because they sell seats months in advance.