The US sealed a trade deal with Pakistan as their officials wrapped up talks in Washington, agreeing to develop oil reserves.

Pakistan's largest refiner Cnergyico will import 1 million barrels of oil from Vitol in October, Cnergyico's Vice Chairman Usama Qureshi said on Friday, the country's first-ever purchase of U.S. crude following a landmark trade deal.

Pakistan is set to import its first-ever oil shipment from the US after the South Asian country this week signed a trade deal with Washington.