Global oil supply to surpass demand in fourth quarter: IEA

INTERNATIONAL BUREAU —3D-printed oil pump jack and barrels in front of a rising stock graph appear in this illustration, taken March 2, 2026. — Reuters Gulf shipments reached 18.4 million barrels per day, says IEA.Oil supplies rise by 3m per day in September and 2.3m in October.Diesel price hit $180 per...

Financial market analysts and economic desks in International observe that these macroeconomic shifts come amid ongoing fiscal stabilization efforts, foreign exchange reserve monitoring, and State Bank policy directives. Market participants from the Karachi and Lahore business communities have emphasized the critical need for steady supply chains and currency stability.

Sectoral stakeholders, commercial traders, and consumer advocacy bodies continue to assess the cost implications on everyday household commodities, utility expenditures, and business operation costs across Pakistan.

The editorial desk will provide continuous verified updates as formal announcements and official briefings are delivered by the respective administrative and departmental authorities.