prices
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Dealing with rising oil prices | The Express Tribune
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[ad_1] ISLAMABAD: There is no increase in petroleum prices this time around, although crude oil prices have reached $90 per barrel. The government has done away with GST on petroleum altogether and has maintained some petroleum development levy (PDL), which has made the status quo in prices possible. The government will suffer a loss of…
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Oil prices take a breather, OPEC+ sticks to output plans | The Express Tribune
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[ad_1] LONDON: Oil prices fell on Thursday amid profit-taking, but remained underpinned by tight supply as OPEC+ producers stuck to planned moderate output increases. Brent crude was down $0.52, or 0.5%, at $88.95 a barrel at 1450 GMT, after rising $0.31 on Wednesday. US West Texas Intermediate crude was down $0.53, or 0.6%, at $87.73…
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Rs3.12 per unit increase likely in electricity prices | The Express Tribune
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[ad_1] ISLAMABAD: Electricity rates are likely to be jacked up by Rs3.12 per unit after a request for the same by Central Power Purchasing Agency (CPPA) has been made to the National Electric Power Regulatory Authority (NEPRA). The request to approve an increase of Rs3.12 per unit in electricity prices on account of Fuel Charges…
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PM Imran rejects proposed hike in petroleum prices | The Express Tribune
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[ad_1] Prime Minister Imran Khan on Monday rejected the proposed hike in the prices of petroleum products to save people from the extra burden, said an official statement released by the PM’s office. According to the communiqué, the premier rejected the summary to increase the price of petrol by Rs11 per litre and the price…
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Carmaker raises prices of CBU units | The Express Tribune
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[ad_1] KARACHI: The impact of mini-budget is being felt by the general public and the economy as a whole as prices of essential and luxury goods are going up. Businesses have opted to pass on the impact of increase in taxes and duties to the general public. Indus Motor Company (IMC), widely known as Toyota,…
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Up to 10% rise in petroleum prices likely | The Express Tribune
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[ad_1] ISLAMABAD: Consumers are likely to face another major increase in prices of petroleum products as rates may be jacked up by up to 10% effective February 1, 2022 following fluctuations in global crude oil prices. Tight supply of crude and geopolitical tensions in Europe and the Middle East propelled oil to a seven-year high…
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Massive decline in petrol, diesel prices expected from Dec 16
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[ad_1] A representative image. ISLAMABAD: The government may slash the price of petrol by Rs11 per litre owing to a decline in international rates of crude oil from December 16, sources told Geo News Tuesday. According to industry sources, the price of diesel may be reduced by Rs9 per litre. Sources said the final price…
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Benefits from reduction in oil prices will be transferred to people: Tarin
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[ad_1] In this handout picture released by National Assembly on June 11, 2021, Finance Minister Shaukat Tareen presents the annual fiscal budget at the National Assembly in Islamabad. Photo: AFP Advisor to the Prime Minister on Finance Shaukat Tarin Friday said the government has abolished all taxes on petrol and that the benefits derived from…
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IEA chief urges OPEC nations for measures to push oil prices down
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[ad_1] PARIS: The head of the International Energy Agency on Wednesday called on OPEC and its allies to take measures to help bring oil prices down to “reasonable levels”. “I very much hope to see in the next meeting or meetings they… make the necessary steps in order to comfort the global oil markets and…
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Fuel prices hit new high in Pakistan
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[ad_1] — AFP/File The government early Friday hiked the price of petrol by Rs8.03 per litre, a day after Prime Minister Imran Khan warned that the rate of petroleum products would witness a rise. The new price of petrol stands at Rs145.82 per litre after the increase, according to a notification from the finance ministry.…
