POL products’ prices jacked up ISLAMABAD: The federal government Wednesday increased the prices of petroleum products up to 8.8 percent with effect... Updated 16 Feb, 2023 08:57am
Business & Finance POL products: additional Rs76bn revenue can be generated thru PL maximization to Rs50 per litre ISLAMABAD: The government has projected to collect Rs 76 billion additional revenue if it maximizes the petroleum... Updated 25 Jan, 2023 08:56am
BR Research Looming fuel shortages With SBP reserves at approximately $4 billion, time is not far when there would be widespread shortages of... Published 17 Jan, 2023 09:09am
Print Fuel prices kept unchanged amid speculation Government adjusts rates of petroleum levy (PL) with effect from today Updated 16 Jan, 2023 09:40am
Print Kuwait Petroleum Corporation dues: PSO asks PD to provide $220m payment ISLAMABAD: Pakistan State Oil (PSO) on Thursday asked the Petroleum Division for a payment of $220 million to Kuwait... Updated 13 Jan, 2023 08:54am
Markets Dec oil sales drop by 14pc MoM to 1.34m tons KARACHI: In December 2022 oil sales in the country decreased by 14 percent on month-on-month basis to 1.34 million... Published 04 Jan, 2023 06:59am
Markets Petroleum products: sales down 11% year-on-year to 1.33mn tons in December Sales of total petroleum products clocked in at 1.33 million tons in December 2022, a decline of over 11% on a... Published 03 Jan, 2023 03:37pm
Business & Finance POL products: Govt may keep ex-depot prices at current level for H1 ISLAMABAD: The federal government may announce to keep the ex-depot prices of petrol and high-speed diesel (HSD) at... Updated 31 Dec, 2022 11:41am
Editorials The revenue shortfall EDITORIAL: Tax revenue shortfall is projected at 800 billion rupees as per former Finance Minister Dr Hafeez A. ... Published 19 Dec, 2022 06:00am
Business & Finance November FCA: KE seeks negative, CPPA-G positive adjustment ISLAMABAD: K-Electric (KE) has sought a negative adjustment of Rs 7.043/ kWh in its tariff for November 2022 to... Updated 18 Dec, 2022 09:39am
Business & Finance Rs5 PL hike on HSD may not help govt achieve Rs31bn monthly target ISLAMABAD: An increase of Rs5 per litre petroleum levy (PL) on high-speed diesel (HSD) may not help the government ... Updated 17 Dec, 2022 10:04am
Business & Finance Cut in prices of petrol, diesel announced ISLAMABAD: Finance Minister Ishaq Dar has announced reduction in petroleum products’ prices on Thursday for the... Updated 16 Dec, 2022 11:27am
Print Nov POL products’ sales down 12pc to 1.55m tons YoY KARACHI: Total petroleum products’ sales clocked in at 1.55 million tons in November 2022, displaying a decline of... Updated 03 Dec, 2022 09:57am
Print HSD, SKO & LDO: PL increased to generate Rs36.199bn ISLAMABAD: The federal government has increased petroleum levy on High Speed Diesel (HSD) by 98 percent, 17 percent... Updated 02 Dec, 2022 09:45am
Business & Finance Rates of kerosene oil, light diesel dip ISLAMABAD: In the fortnightly prices’ review of petroleum products, the price of kerosene oil (SKO) has been... Updated 01 Dec, 2022 09:43am
Print 22-day cover for petrol, 19-day cover for HSD in hand: Ogra ISLAMABAD: In response to the letter written by the Oil Companies Advisory Council (OCAC) regarding the oil supply... Updated 18 Nov, 2022 09:23am
Print HSD: ECC allows increase in premium ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has allowed increase in premium on high-speed... Updated 15 Nov, 2022 09:41am
Business & Finance OCAC reports increase in sales trend of fuel products in November KARACHI: The Oil Companies Advisory Council (OCAC) has reported an increasing sales trend of fuel products in the... Published 09 Nov, 2022 03:41am
Markets Oil sales up 9% in October amid improved mobility post-floods Month-on-month increase in oil sales led by improved mobility post floods Updated 02 Nov, 2022 04:33pm
Opinion Prices of POL products New petroleum prices have been announced; there is no big increase in prices of Petrol and HSD. However, the... Published 11 Sep, 2022 03:51am
BR Research PL keeps petrol price high Whether the three times former PM left the meeting midway this time or not, it is not out there yet, but the... Published 02 Sep, 2022 08:35am
Print Govt aims to collect Rs91bn thru GST, PL on POL products ISLAMABAD: The federal government may impose General Sales Tax (GST) on all petroleum products with effect from... Updated 27 Aug, 2022 09:47am
Print FCA for July: CPPA-G seeks Rs4.70 per unit hike in Discos’ tariffs ISLAMABAD: The Central Power Purchasing Agency-Guaranteed (CPPA-G) has sought an increase of Rs 4.70 per unit in... Updated 21 Aug, 2022 09:22am
Markets Supply chain may suffer as OMCs decrease oil uplift ISLAMABAD: Local oil refineries have hinted that the oil marketing companies (OMCs) have started low uplifting the... Published 19 Aug, 2022 07:49am
Editorials IMF augments the EFF EDITORIAL: The Resident Representative of the International Monetary Fund (IMF) in Islamabad informed Business... Published 19 Aug, 2022 05:57am
Editorials Petrol price increase EDITORIAL: The government, unexpectedly, raised the price of motor spirit (MS) by 6.72 rupee per litre to 233.91... Published 18 Aug, 2022 05:26am
Markets Pakistan's oil sales drop 26% to 1.4mn tons in July 2022 Expected to be 15-20% lower year-on-year in FY23 Published 02 Aug, 2022 02:19pm
Print Cabinet approves hike in petroleum dealers’ margin ISLAMABAD: The federal cabinet has reportedly approved an increase in dealers’ margin to Rs7 per litre on the ... Updated 31 Jul, 2022 09:38am
Business & Finance Oil consumption declines Petrol and diesel consumption declines 21% and 44% respectively Updated 23 Jul, 2022 12:40pm
Print Govt decides to continue ‘minimum’ power load-shedding till Dec ISLAMABAD: The government has reportedly decided to continue minimum average monthly load shedding of three hours... Updated 29 Jun, 2022 09:40am
