ISLAMABAD: Federal government decided on Thursday to keep Petroleum prices unchanged for at least coming 15 days. The Initial proposal was prepared by the ministry of finance in light of the picture drawn by Oil …

KARACHI: The price of oil rocketed to a record high point of 127.43 dollars per barrel on Friday, as US President George W. Bush prepared to urge Saudi Arabia to pump more crude, analysts said. …

Oil prices soared to a record high toppling 126 dollars on Friday. According to economic experts, the oil price was driven by speculative interest amid concerns about tight global energy supplies.

By Azhar Masood
Are we heading towards a bipolar world without Ideological Diversity but only clash of economic interests
I think after cold war and dismemberment of the Soviet Union in late 80s a realization is surfacing …