prices
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Oil prices recoup losses | The Express Tribune
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[ad_1] LONDON: Oil prices recouped losses on Wednesday as investors weighed conflicting statements on the possible withdrawal of some Russian troops from around Ukraine amid tight global supplies and recovering fuel demand. Brent crude was up $1.37, or 1.5%, at $94.65 a barrel around 1200 GMT, having slid 3.3% overnight after Russia announced a partial…
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Govt jacks up petroleum prices by up to Rs12.03 per litre | The Express Tribune
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[ad_1] ISLAMABAD: The federal government has once again dropped “petrol bomb” on masses by increasing the prices of petroleum products by up to Rs12.03 per litre. With the latest hike, the prices of petroleum products have reached a historic high. New prices will be applicable from Tuesday midnight. The new fuel prices will remain applicable…
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Petrol prices likely to hit all-time high in Pakistan
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[ad_1] The well-placed sources said that petrol and diesel prices may go up by Rs13 and Rs18 per litre from February 16. -File photo ISLAMABAD: The prices of petroleum products are expected to hit an all-time high in Pakistan as the government is likely to increase the fuel prices by Rs18 per litre for the…
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Domestic fuel prices to rise amid Russia-Ukraine crisis | The Express Tribune
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[ad_1] ISLAMABAD: Pakistanis may see another surge in fuel prices following fluctuations in global crude oil prices over the Russia-Ukraine crisis. Amid international tensions, global oil prices jumped from $85 per barrel to $94 per barrel. Crude oil peaked at $96.16 per barrel, the highest since October 2014, before settling down at a slightly lower…
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The skyrocketing prices of edible oil | The Express Tribune
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[ad_1] KARACHI: Prices of edible oil, ghee and related products were adjusted upwards several times during the previous year. In January 2021, cooking oil was sold for Rs289 per kg whereas in January 2022 its price was standing at Rs399 a kg. Despite the fact that prices of palm oil have fluctuated both ways, but…
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Oil prices gain after IEA says market tight | The Express Tribune
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[ad_1] LONDON: Oil prices rose on Friday after the International Energy Agency (IEA) said oil markets were tight, but were still heading for weekly losses on inflation worries and US-Iran which could boost global supplies. Brent crude futures rose $1.01, or 1.1%, to $92.42 a barrel at 1203 GMT, while US West Texas Intermediate crude…
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Steel producers hike prices | The Express Tribune
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[ad_1] KARACHI: The flat steel producers of Pakistan have announced a hike in prices of the commodity owing to increase in rates at a global level. According to Topline Securities, a prominent steel sector player increased the rates of cold-rolled coils (CRC) and hot dipped galvanised coils (HDGC) by Rs3,000 per ton on Thursday. After…
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Tarin indicates rise in petroleum product prices
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[ad_1] ISLAMABAD: Finance Minister Shaukat Tarin hinted at a further increase in petroleum product prices in the coming days, saying that the government cannot keep fuel rates artificially low. Speaking on the Geo News Programme, “Aaj Shahzaib Khanzada Kay Saath”, the finance minister, while referring to a hike in oil prices in the international market,…
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Oil prices stable at $90, Iran supply prospects add pressure | The Express Tribune
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[ad_1] LONDON: Oil prices were stable around $90 a barrel on Wednesday but the prospect of increased supply from Iran and the United States kept pressure on the market. Brent crude futures edged down $0.36, or 0.4%, to $90.42 a barrel by 1150 GMT. US West Texas Intermediate crude fell $0.43, or 0.4%, to $88.93…
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NPMC worried over high flour prices in Quetta | The Express Tribune
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[ad_1] ISLAMABAD: Federal Minister for Finance and Revenue Shaukat Tarin has advised the Ministry of Industries and Production to expedite the process of building strategic reserves of sugar to keep prices stable. He asked the ministry to draw up a pattern of demand and supply of different varieties and brands of edible oil and take…
