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Oil jumps 6pc to USD107 on supply concerns

NEW YORK: Oil prices jumped 6 percent on Thursday, with both major benchmarks trading at over USD100 a barrel as the biggest spike in attacks on shipping since the Iran war began fed worries among traders about further disruptions to already tight supplies.

Petroleum pricing: Only hard choices remain

The Hormuz situation is heating up again, and so is the pressure on Pakistan’s petroleum pricing. After a relatively uneventful spell since the return to daily pricing, the last few days have been anything but calm.

Zephyr Textiles Limited

Zephyr Textiles Limited (PSX: ZTL) was incorporated in Pakistan as a private limited company in 1999 and was converted into a public limited company in 2004. The principal activity of the company is manufacturing, dyeing and trading of woven clothes including towels.

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