Subsidy waiver on use of HSD by power sector: ECC all set to consider PD’s proposal ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet is all set to consider a proposal of the... Updated 22 Jun, 2022 10:01am
BR Research Petroleum Levy: If wishes were horses Observers wasted no time in pointing out at the unrealistic and overly ambitious nature of the Rs750 billion targets... Updated 14 Jun, 2022 11:08pm
Business & Finance Oil price hike: experts say OMCs’ cash flows will improve KARACHI: The government’s decision to increase petroleum products’ prices is likely to improve cash flows of Oil... Published 28 May, 2022 05:11am
Print Petroleum products’ rates to rise sharply if subsidy withdrawn ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has worked out a massive increase in the prices of petroleum... Updated 15 May, 2022 08:28am
Markets Record high: April HSD sales grow 17pc to 919,442MTs YoY KARACHI: Highest ever monthly sales of 919,442MTs of high speed diesel (HSD) were recorded during the month of April... Updated 14 May, 2022 02:13pm
Opinion Towards petroleum pricing and subsidies Petroleum prices have been maintained at status quo, but as it appears that it may not be possible to maintain the... Published 06 May, 2022 05:03am
Print Gas supply issues: Base tariff of KE increases to Rs31/kWh ISLAMABAD: The base tariff of Karachi Electric (KE) has soared to Rs 31/kWh due to less supply of gas and pressure... Updated 04 May, 2022 10:27am
Print Targeted subsidy for motorcyclists under consideration: Price differential claims on petrol, HSD increase substantially ISLAMABAD: A proposal is under consideration of the Petroleum Division and Benazir Income Support Programme for... Updated 03 May, 2022 09:07am
Pakistan Pakistan, Saudi Arabia to discuss augmenting kingdom's $3 billion deposit Discussions involve exploring options to further enhance financing of petroleum products Updated 01 May, 2022 07:23pm
Business & Finance OCAC confirms ample availability of fuel in country KARACHI: The Oil Companies Advisory Council (OCAC), the primary representative of the downstream oil industry, has... Updated 26 Apr, 2022 10:20am
Pakistan OCAC says ample stocks available amid reports over fuel shortage Requests citizens to buy fuel products as per regular demand Updated 25 Apr, 2022 09:20pm
Editorials Oily HSD-MS prices: Act before it’s too late EDITORIAL: The PTI (Pakistan Tehrik-e-Insaf) government decided to freeze petroleum and electricity prices in the ... Published 08 Apr, 2022 05:28am
Markets Sales of petroleum products grow by 23pc YoY KARACHI: Due in large part to extra working days as compared to February, total sales of petroleum products ... Published 05 Apr, 2022 05:38am
Markets Capped prices of petroleum products: Govt to bear additional burden of Rs33bn ISLAMABAD: Federal government decision to un-change the prices of petroleum products for first half of April will... Published 01 Apr, 2022 05:41am
Pakistan Second half of March: Govt will absorb rise in prices of petrol, diesel ISLAMABAD: The government will absorb an estimated increase in the High Speed Diesel (HSD) ex-depot price of Rs38.10... Updated 15 Mar, 2022 06:40am
Print Cut in POL products’ prices: Govt to bear over Rs70bn monthly loss ISLAMABAD: Federal Government on Monday announced to reduce the prices of petrol and High Speed Diesel (HSD) by Rs ... Updated 01 Mar, 2022 09:46am
Markets ‘Substantial’ raise likely in petroleum products’ prices ISLAMABAD: The federal government may announce a substantial raise in petroleum products prices up to Rs5.59 per... Updated 26 Feb, 2022 10:30am
BR Research Petroleum revenues The crude oil respite has so far appeared short-lived, putting the government in a tight spot again, in terms of the... Published 07 Jan, 2022 08:03am
Markets Sales of petroleum, lubricants decline 6pc YoY, 14pc MoM KARACHI: The total petroleum and lubricant sales clocked-in at 1.51 million tons in December 2021, depicting a... Published 05 Jan, 2022 05:36am
Print Govt misses petroleum levy target ISLAMABAD: The federal government has been able to generate only seven percent of petroleum levy (PL) in the first... Updated 24 Dec, 2021 09:44am
Markets Declined prices of POL products: Govt unlikely to pass on full relief due to tax adjustment ISLAMABAD: The government is unlikely to pass on full relief of declined prices of petroleum products ... Published 15 Dec, 2021 06:34am
Print Reduced rate of GST on petrol abolished ISLAMABAD: The Federal Board of Revenue (FBR) has abolished the reduced rate of 1.43 percent sales tax on petrol ... Updated 08 Dec, 2021 03:05pm
Markets POL products’ prices remain unchanged: Rate of PL on ex-depot sale of petrol, HSD increased ISLAMABAD: The federal government on Tuesday decided not to decrease the prices of petroleum products for the next... Published 01 Dec, 2021 03:52am
Print Prices of POL products remain unchanged ISLAMABAD: Prime Minister Imran Khan, Monday, decided not to increase the prices of petroleum products till November... Published 16 Nov, 2021 04:26am
Print Sales tax on petrol reduced ISLAMABAD: The Federal Board of Revenue (FBR) has reduced the sales tax rate from 6.84 percent to 1.43 percent on... Updated 12 Nov, 2021 11:34am
Print Effective Nov 5: POL products' prices raised by adjusting PL, GST ISLAMABAD: The federal government has raised the prices of petroleum products by up to six percent by making... Updated 06 Nov, 2021 12:32pm
BR Research Petroleum price: PDC makes a comeback The petroleum price for November 2021 got observers puzzled, as prices remained unchanged, despite the regulator’s... Published 03 Nov, 2021 07:20am
Print Ogra works out another hike in POL products ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has worked out another increase in the ex-depot prices of... Updated 15 Oct, 2021 10:38am
Pakistan Customs Collectorate Multan seizes smuggled goods worth Rs501m KARACHI: The Model Customs Collectorate, (Enforcement), Multan has confiscated smuggled goods worth Rs501 million... Published 10 Oct, 2021 04:26am
Pakistan Customs Multan seizes smuggled goods worth Rs106m KARACHI: The Collectorate of Customs, Enforcement, Multan, has seized smuggled goods worth Rs106 million during the... Published 12 Sep, 2021 03:55am
