Fitch Sees Downside Risk To $87 Per Barrel Brent Oil Forecast For 2026
Fitch Ratings says its $87 per barrel average Brent oil price forecast for 2026 faces increasing downside risks as oil supplies remain relatively comfortable, inventories stay elevated and Middle Eastern production could recover rapidly if shipping disruptions ease.
PSX KSE-100 Index Gains Marginally as Energy Volatility Triggers Late Profit Taking
The PSX KSE-100 index posted minor gains as early market optimism faded due to shifting global oil prices and delays surrounding the national refinery policy.
Saudi Aramco Sets Record-High Premium for Arab Light Crude Amid Strait of Hormuz Disruptions
Saudi Aramco announces $19.50 per barrel premium for Arab Light crude to Asia amid Persian Gulf tensions and Strait of Hormuz disruptions, impacting global oil markets.
Global Oil Crisis 2026: Crude Prices Predicted to Hit $180 Amid Strait of Hormuz Closure
Analysts warn oil prices could exceed $180 per barrel if Middle Eastern supply disruptions continue, as strikes on the South Pars gas field escalate regional conflict.
From Hormuz to the Household: The Long Supply Chain of War
Rising tensions around the Strait of Hormuz are sending ripples through global energy routes, quietly influencing Pakistan’s fuel imports, food supply chains, telecom infrastructure and medicine availability through complex international logistics networks.