HOUSTON: Oil prices gained more than 3 per cent and were heading for weekly gains on continued uncertainty over Middle East supplies, and as investors kept assessing how much diesel Russia could supply to the global markets. Brent crude futures were up $3.41, or 3.2pc, at $109.34 at 12:41pm ET (164»»»

The federal government on Friday decreased the price of petrol by Rs3.93 per litre, while keeping the price of high-speed diesel (HSD) unchanged till October 19. According to a notification issued by the Petroleum Division, the price of petrol was fixed at Rs386.30 per litre, while HSD would cost R»»»