prices
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NEPRA mulls record Rs5.62/unit hike in electricity prices | The Express Tribune
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[ad_1] ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has deferred its decision regarding the request from power distribution companies (DISCOs) to raise the electricity price by Rs5.6194 per unit, citing fuel charges adjustment (FCA) for December 2023. Earlier, the Central Power Purchasing Agency (CPPA), at the behest of DISCOs, submitted an application to NEPRA…
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Petroleum prices likely to go down | The Express Tribune
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[ad_1] ISLAMABAD: The interim government is likely to announce a modest reduction in ex-depot prices of all petroleum products, potentially lowering them by up to Rs5.50 per litre effective Jan 16, as per the current tax rates. According to an estimate, petrol prices could witness a significant drop of Rs5.50 per litre in the second…
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Oil surges massively amid US, UK strikes on Houthis — What does it mean for petrol prices?
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[ad_1] Yemenis wave flags and chant slogans during a pro-Palestinian march in the Houthi-controlled capital Sana’a on December 8, 2023. — AFPWhile equities increased on Friday due to US inflation data that supported investors’ belief that interest rates could soon drop, the price of oil surged as… [ad_2] Source link
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ECC okays up to 5% increase in urea prices | The Express Tribune
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[ad_1] ISLAMABAD: The government on Tuesday approved an increase of up to Rs171, or 5%, in urea prices to recover the cost of imported fertiliser after both the centre and provinces refused to bear the cost of subsidy. The arrangement was approved by the Economic Coordination Committee (ECC) of the cabinet after entering into an…
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Caretakers eye cutting power prices for industries
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[ad_1] ISLAMABAD: Muhammad Ali, the caretaker federal minister for energy, stated that the government was considering making a significant move by lowering industrial power rates. Speaking to Geo News, the minister said that with five to six weeks remaining until the elected government could assume power, the caretaker government will complete a few major things.…
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Govt keeps prices of petrol, diesel unchanged for fortnight | The Express Tribune
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[ad_1] ISLAMABAD: In a move reflective of the economic stability envisioned by the caretaker government, prices of diesel and petrol will remain unchanged during the fortnight commencing January 1, 2024. This decision aligns with the recommendations of the Oil and Gas Regulatory Authority (OGRA), providing a sense of consistency in fuel costs for consumers. As…
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RLNG prices hiked by 10% for Dec | The Express Tribune
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[ad_1] ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has announced a significant uptick in the prices of re-gasified liquefied natural gas (RLNG), registering an increase of up to 10.11% for the month of December 2023 compared to the preceding month. This adjustment, according to OGRA, is primarily linked to a notable surge in the…
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Despite reduction, oil prices still higher | The Express Tribune
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[ad_1] KARACHI: Hyderabad Chamber of Small Traders and Small Industry President Muhammad Farooq Shaikhani has praised the government’s decision to reduce petroleum product prices, stating that this step will help mitigate the wave of inflation in the country. He said the announcement made on Friday by the Ministry of Finance, on the recommendation of the…
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China’s consumer prices fall fastest in 3 years | The Express Tribune
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[ad_1] BEIJING: China’s consumer prices fell the fastest in three years in November while factory-gate deflation deepened, indicating rising deflationary pressures as weak domestic demand casts doubt over the economic recovery. The Consumer Price Index (CPI) dropped 0.5% both from a year earlier and compared with October, data from the National Bureau of Statistics (NBS)…
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Oil prices fall amid US production, China energy concerns
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[ad_1] An oil plant located in the United States. — AFP/File In response to indications of increased production in the US and prospects of poor energy demand in China, investors in New York responded by sending oil prices down more than $3 a barrel on Thursday, prolonging losses from the previous session. Brent futures had…
