July oil sales down 6pc to 1.35MTs YoY KARACHI: Pakistan’s oil sales in July 2023 clocked in at 1.35 million tons, down 6.0 percent on YoY and flat on... Published 03 Aug, 2023 05:54am
Editorials Fuel price hike EDITORIAL: Prices of petrol and high speed diesel (HSD) were raised by 19.95 and 19.90 rupees per litre,... Updated 03 Aug, 2023 06:27am
Business & Finance HSD price cut: Ogra says has no mandate to review or amend govt policy ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has asked the Oil Companies Advisory Council (OCAC) and Oil... Updated 21 Jul, 2023 08:56am
Markets Govt projects to generate additional PDL by Rs79bn ISLAMABAD: The federal government has projected to generate additional petroleum development levy (PDL) by Rs79... Published 19 Jul, 2023 03:21am
Print OCAC assails Ogra’s HSD price cut decision ISLAMABAD: The Oil Companies Advisory Council (OCAC) blamed the Oil and Gas Regulatory Authority (OGRA) that forced... Updated 18 Jul, 2023 08:59am
Markets FY23 petroleum products’ sales slump 27pc YoY KARACHI: The sales of petroleum products in Pakistan declined by 27 percent on year-on-year basis to 16.6 million... Published 05 Jul, 2023 06:00am
Business & Finance HSD’s price up by Rs7.50/litre ISLAMABAD: Federal government on Friday announced to keep the price of petrol unchanged however High Speed Diesel... Published 02 Jul, 2023 03:13am
Print Petrol price: relief likely ISLAMABAD: Consumers may get a relief of Rs6.50 per litre on account of cut in price of petrol effective from July... Updated 29 Jun, 2023 03:24pm
Print FBR expresses reservations at PD’s policy guideline ISLAMABAD: The Federal Board of Revenue (FBR) has reportedly expressed reservations at Petroleum Division’s policy... Updated 07 Jun, 2023 08:55am
Markets May oil sales plunge 40pc to 1.3m tons YoY KARACHI: Pakistan oil sales in May 2023, clocked in at 1.3 million tons, down 40 percent on year-on-year basis.... Published 03 Jun, 2023 03:52am
Markets Pakistan’s petroleum sales plummet 40% year-on-year in May Sale of petroleum products in Pakistan clocked in at 1.3 million tons in May 2023, a decline of over 40%... Published 02 Jun, 2023 04:42pm
Print Price of petrol cut by Rs8, diesel’s by Rs5 ISLAMABAD: Federal government on Wednesday reduced the prices of petroleum products up to RS 8 per litre, or 2.9... Updated 01 Jun, 2023 09:07am
Print Transportation of HSD: APL proposes to repurpose its Hub-ZOT pipeline ISLAMABAD: Asia Petroleum Limited (APL) has proposed repurposing its pipeline to transport High Speed Diesel (HSD)... Updated 29 May, 2023 09:03am
Opinion ‘FY2023-24 Budget’ This is apropos a Business Recorder oped “FY2023-24 Budget” carried by the newspaper yesterday. The writer,... Published 21 May, 2023 04:00am
Print Proposed policy: Local refineries: Finance Div for adequate tariff protection ISLAMABAD: Finance Division has proposed that tariff protection enjoyed by the existing refineries in neighbouring... Updated 21 May, 2023 09:33am
BR Research Petrol pricing: Taxes may go up As the government reduced petroleum prices earlier this week, eyebrows were raised. Skeptics were quick to relate it... Updated 19 May, 2023 01:09pm
Editorials Reduction in POL products’ prices EDITORIAL: Petrol price was slashed by 12 rupees per litre and high speed diesel’s 30 rupees per litre while... Published 18 May, 2023 06:10am
Business & Finance POL products’ prices cut on world market, exchange rate decline ISLAMABAD: The government has reduced the retail price of petroleum products on account of a decline in the... Published 17 May, 2023 06:22am
Print Petrol price slashed by Rs12, HSD’s by Rs30 ISLAMABAD: Federal government on Monday decided to slash the ex-depot price of high speed diesel (HSD) by Rs 30 per... Updated 16 May, 2023 09:15am
Markets Low upliftment of HSD: ARL seeks Orga’s intervention ISLAMABAD: Attock Refinery Limited (ARL) has sought intervention from the Oil and Gas Regulatory Authority (Ogra) -... Published 04 May, 2023 04:26am
Markets POL products: April sales decline 46pc to 1.17MTs YoY KARACHI: Total sales of petroleum products in the country arrived at 1.17 million tons in April 2023, depicting a... Published 04 May, 2023 04:26am
Business & Finance Govt keeps petrol price unchanged, cuts HSD’s by Rs5 ISLAMABAD: Federal government decided on Sunday to keep unchanged the price of petrol, while reducing the price of... Published 01 May, 2023 03:28am
BR Research Petroleum imports slump Petroleum consumption has been on a decline in the country for obvious reasons. Demand destruction for petroleum... Published 14 Apr, 2023 08:52am
Opinion The economic malaise Pakistan today faces the worst financial crisis in its 75-year history. This is attributable to both long-term ... Updated 28 Mar, 2023 06:52am
Print Ogra discusses exchange rate adjustment mechanism with OMCs ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) convened a meeting with the oil marketing companies (OMCs) on... Published 25 Mar, 2023 06:25am
Print PL on HSD to go up by Rs5/litre ISLAMABAD: The federal government is most likely to increase the petroleum levy (PL) on high-speed diesel (HSD) by... Updated 15 Mar, 2023 08:50am
Print Mar-Sept key imports: govt needs $8.5bn Petroleum Division submits financing requirements to government for the seven months so that appropriate arrangements may be made in time Updated 14 Mar, 2023 11:12am
Print PL: Govt projects Rs175bn revenue shortfall The government expected to raise rate of PL on high-speed diesel by Rs 5 to Rs 50 per litre Updated 04 Mar, 2023 09:03am
Business & Finance Petrol price reduced by Rs5; diesel’s remains unchanged ISLAMABAD: Federal government on Tuesday has announced to roll back per litre ex-depot price of petrol by Rs 5 per... Published 01 Mar, 2023 06:21am
Print Rs9.92/litre on petrol, Rs13.12 on HSD: PSO allowed exchange rate adjustment ISLAMABAD: The federal government allowed the Pakistan State Oil (PSO) an exchange rate adjustment of Rs9.92 per... Updated 17 Feb, 2023 08:47am
