Brent crude ended Thursday at USD114.88 a barrel, down 44 cents or 0.38 percent, while US WTI settled at USD102, off 78 cents or 0.76 percent. Business Recorder reported that both contracts had dropped by more than USD2 earlier in the session, before recovering part of those losses.

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    Brent crude ended Thursday at USD114.88 a barrel, down 44 cents or 0.38 percent, while US WTI settled at USD102, off 78 cents or 0.76 percent. Business Recorder reported that both contracts had dropped by more than USD2 earlier in the session, before recovering part of those losses.

    Sazgar Engineering Works has opened a vehicle assembly plant in the Philippines, extending its manufacturing operations into Southeast Asia, Business Recorder reported on October 30. The facility in Laguna province is built to produce about 12,000 three-wheelers each year, with both electric and petrol-powered models planned.