Pakistan Refinery Limited Pakistan Refinery Limited (PSX: PRL) is a hydro skimming refinery designed to process imported and local crude oil,... Published 05 Dec, 2023 07:45am
Business & Finance No change in petrol price but diesel’s slashed by Rs7 ISLAMABAD: The interim government on Thursday decided to keep the petrol price unchanged but slashed ex-depot prices... Published 01 Dec, 2023 04:43am
Business & Finance Hike in fuel, energy prices: Senate body says agri input cost increased by 200pc ISLAMABAD: With the increase in petroleum products, gas, and electricity prices, the input cost for agriculture... Published 01 Dec, 2023 04:43am
Print Deferred payment basis: $400m petroleum products imported during Jul-Oct The country imported petroleum products worth $100 million on a deferred payment basis under the Saudi oil facility in October 2023 Updated 26 Nov, 2023 06:32pm
Markets Inflation expected to go over 28% in Nov following gas price hike: report Consumer Price Index (CPI)-based inflation in November is expected to hit 28.26%, higher than 26.9%recorded in... Updated 23 Nov, 2023 11:39pm
Markets HSD, petrol: Ogra accepts claim of PSO exchange rate adjustment ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) accepted the claim of Pakistan State Oil (PSO) exchange rate... Published 17 Nov, 2023 06:06am
Business & Finance HCSTSI president urges govt to reduce prices of POL products HYDERABAD: President of Hyderabad Chamber of Small Traders and Small Industry Mohammad Farooq Shaikhani has said ... Published 15 Nov, 2023 06:09am
Business & Finance Petrol price likely to remain unchanged ISLAMABAD: The interim government may keep the price of petrol unchanged, and a significant decrease in other... Published 15 Nov, 2023 06:09am
Business & Finance President FPCCI demands cut in prices of petroleum products KARACHI: Irfan Iqbal Sheikh, President FPCCI, has demanded that the federal government should announce a reduction ... Published 14 Nov, 2023 05:08am
Pakistan Petrol and diesel prices will remain unchanged until November 15 Prices of petrol and high-speed diesel are 283.38 and 303.18 per litre Published 01 Nov, 2023 12:04am
Business & Finance Prices of POL products likely to rise ISLAMABAD: Prices of petroleum products are expected to rise with effect from November 1, 2023 owing to a surge in... Updated 26 Oct, 2023 04:01pm
Business & Finance Saudi oil facility: POL worth $300m imported on deferred payment ISLAMABAD: Pakistan imported petroleum products worth $300 million on a deferred payment basis under the Saudi oil... Published 17 Oct, 2023 05:51am
Pakistan Govt slashes petrol price by Rs40, high-speed diesel by Rs15 per litre New prices to take effect from October 16, 2023 Published 15 Oct, 2023 11:55pm
Business & Finance Significant reduction in POL products likely ISLAMABAD: A significant reduction in petroleum products ex-depot prices upto Rs35 per litre is projected for the... Published 14 Oct, 2023 05:32am
Business & Finance BMP demands govt slash oil prices LAHORE: The Federation of Pakistan Chambers of Commerce and Industry’ Businessmen Panel (BMP) has asked the... Updated 09 Oct, 2023 09:37am
Markets Govt may raise PDL on diesel to Rs60 as declining sales dent target: JS Global The government in its bid to achieve revenue targets assigned by the International Monetary Fund (IMF) may increase... Updated 06 Oct, 2023 11:43pm
Business & Finance Sept POL products’ sales plunge 31pc to 1.06m tons YoY KARACHI: The petroleum products sales declined to 1.06 million tons, ie, down significantly by 31 percent YoY and 25... Published 04 Oct, 2023 06:20am
Opinion The formidable challenge of rising inflation and price hike The government has reduced the prices of petroleum products. It’s a positive development. The decrease, however, ... Published 02 Oct, 2023 07:07am
Print Cut in rates of petroleum products Finance Division announces a reduction of Rs 8 per litre in ex-depot price of petrol and Rs 11 per litre reduction in the price of high-speed diesel (HSD) with effect from October 1 to 15 Updated 01 Oct, 2023 08:09pm
BR Research Oil’s march to $100 Brent crude oil crossed $95/bbl for the first time since November 2022 – having soared nearly 2 percent in early... Published 28 Sep, 2023 08:59am
Pakistan Countrywide strike: Govt to hold talks with OTCA, OCAC representatives today ISLAMABAD: The newly-appointed secretary petroleum has scheduled a meeting with the representatives of the Oil... Published 20 Sep, 2023 06:28am
Print July LSMI output contracts 1.09pc YoY ISLAMABAD: The Large Scale Manufacturing Industries (LSMI) output registered negative 3.62 percent growth in July... Updated 19 Sep, 2023 09:11am
Markets Business community rejects hike in fuel prices PESHAWAR: Business community here along with transporters and political parties on Sunday rejected the recent... Published 18 Sep, 2023 06:32am
Print Another big hike in fuel prices on the cards ISLAMABAD: The interim government may announce, once again, a significant raise in the ex-depot prices of petroleum... Updated 14 Sep, 2023 10:58am
Print Fake/flying invoices: Taxmen told to conduct probe into cases of big cos ISLAMABAD: The Federal Board of Revenue (FBR) has directed the tax officials to investigate cases of commercial... Updated 09 Sep, 2023 09:01am
Business & Finance Current Ogra pricing: Exchange rate adjustment for PSO not incorporated: OCAC ISLAMABAD: The Oil Companies Advisory Council (OCAC) says that the exchange rate adjustment for Pakistan State Oil... Published 07 Sep, 2023 06:21am
Markets Aug petroleum sales decline 8pc to 1.41m of tons YoY KARACHI: The total sales of petroleum products in the country clocked-in at 1.41 million of tons in August 2023,... Published 04 Sep, 2023 06:21am
Print Challenge of smuggling: PM asks Customs, LEAs to pull their socks up ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar has directed the Customs authorities and law enforcement... Updated 02 Sep, 2023 09:45am
Print Govt hikes price of petrol by Rs14.91, HSD’s by Rs18.44 ISLAMABAD: The interim government on Friday hiked once again the prices of petroleum products up to Rs 18.44 per... Updated 01 Sep, 2023 08:43am
Print Govt collects Rs75bn PL in July ISLAMABAD: The government collected Rs 75 billion in July 2023 on account of petroleum levy (PL), a key source of... Updated 22 Aug, 2023 08:56am
Pakistan’s pharma sector can increase exports to $3bn in five years, but it ‘needs policy, govt support’