Business Gold Prices Rebound Strongly in Pakistan and Global Markets May 21, 2026 The Universe Gold prices recorded a sharp recovery in both domestic and international markets after experiencing a notable decline a day earlier.
Business Pakistan Reopens Offshore Oil and Gas Exploration After Two Decades May 20, 2026 The Universe Pakistan has officially reopened its offshore oil and gas exploration sector after nearly two decades, marking a major move to strengthen domestic energy resources and attract local and foreign investment.
Business Gold Prices Hold Steady as Markets Watch Middle East Developments and Fed Signals May 19, 2026 The Universe Gold prices remained largely stable on Tuesday as investors paused after recent market volatility and shifted attention to developments in the Middle East following Donald Trump's decision to pause a…
Business G7 Finance Ministers Meet in Paris to Address Global Economic Tensions and Supply Chain Risks May 18, 2026 The Universe Finance ministers from the Group of Seven gathered in Paris on Monday for a two-day meeting aimed at finding common ground on global economic challenges, trade tensions and securing critical…
Business Pakistan Cuts Petrol, Diesel Prices by Rs5 Per Litre May 16, 2026 The Universe The federal government has announced a reduction in petroleum product prices, providing some relief to consumers amid ongoing economic pressures.
Business India Raises Fuel Prices for First Time in Four Years Amid Global Oil Shock May 15, 2026 The Universe India’s state-run fuel retailers have increased petrol and diesel prices for the first time in four years, raising rates by 3 rupees per litre as the country grapples with surging…
Business Pakistan, Qatar Reaffirm Commitment to Strengthen Energy Cooperation and LNG Supplies May 14, 2026 The Universe Pakistan’s Federal Minister for Petroleum Ali Pervaiz Malik and Qatar’s Ambassador to Pakistan Ali bin Mubarak Al-Khater on Thursday reaffirmed their commitment to enhancing bilateral energy cooperation and ensuring uninterrupted…
Business Pakistan Assures IMF of Ending Rs140 Billion Gas Subsidy by January 2027 May 13, 2026 The Universe The Government of Pakistan has assured the International Monetary Fund that the existing Rs140 billion cross-subsidy on gas consumers will be completely phased out by January 2027 as part of…
Business Pakistan Considers Increasing Russian Oil Imports Amid Strait of Hormuz Concerns May 12, 2026 The Universe Pakistan is considering increasing crude oil imports from Russia as growing uncertainty surrounding the Strait of Hormuz continues to raise concerns about global energy supplies, according to Russia’s state-run news…
Business US Utilities Shift Power Grid Costs to Consumers Before Projects Are Built Amid AI-Driven Demand Surge May 10, 2026 The Universe Millions of Americans are paying higher electricity bills to help finance power grid upgrades and energy infrastructure projects years before they become operational, according to a Reuters review of regulatory…