Oil prices rise and fall with return of Libyan production

Oil prices were mixed in Asia today following the return of disrupted Libyan production to an already well-stocked global market and as dealers await the latest US inventory report.

US benchmark West Texas Intermediate for November delivery rose 18 cents to $91.74 while Brent crude for November fell six cents to $96.79.

Prices had headed . . . → Read More: Oil prices rise and fall with return of Libyan production

Lack of foresight or too much insight?

Last week the Pakistani public experienced yet another blast. But this blast was not the like the typical blast we hear so often. It was one which will cause the entire nation to suffer for times to come because this was the week when petrol prices shook the country.

With petrol prices making a record . . . → Read More: Lack of foresight or too much insight?