prices
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Petroleum crisis looms as prices soar globally | The Express Tribune
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[ad_1] ISLAMABAD: As the country grapples with the onslaught of rising petroleum prices, policymakers are scrambling to find a way to combat the growing crisis and secure the nation’s energy future. Globally, petroleum prices continue to surge, which have had a significant impact on the Pakistani market. Currently, 90% of petroleum products in the country…
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US home sales decline as prices rise, interest rates increase
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[ad_1] A ‘For Sale’ sign is seen in front of a home on August 21, 2015 in Miami, Florida. — AFP Sales of US homes have been steadily declining since August as supply remained constrained and mortgage rates remained high, the industry figures released on Thursday revealed. Sales of existing homes have cooled in the…
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Interim govt increases petrol, diesel prices to record high
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[ad_1] Petrol prices surged to Rs331.38 per litre. — AFP/File In view of the increasing trend of petroleum prices in the international market, the caretaker government on Friday hiked the petrol prices by more than Rs26 and diesel by over Rs17 per litre for the next fortnight. The Finance Division said that the price of…
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G7 shelves oil cap reviews as prices soar | The Express Tribune
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[ad_1] BRUSSELS: The Group of Seven (G7) and allies have shelved regular reviews of the Russian oil price cap scheme, people familiar with the matter told Reuters, even though most Russian crude is trading above the limit because of a rally in global crude prices. Russian producers have found ways to sell oil using fewer…
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Sweetener turns sour amid high prices | The Express Tribune
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[ad_1] RAWALPINDI/ PESHAWAR: As the prices of electricity and petrol escalate, consumers are now faced with another blow as the price of sugar experiences an unabated rise, feeding the black market amid reports of smuggling and hoarding. The continuous surge in the price of sugar has led to an increase in the prices of…
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Of rising oil prices and the devaluing rupee | The Express Tribune
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[ad_1] KARACHI: There’s an old adage that says, ‘Prepare for the worst and hope for the best.’ As Pakistan faces the twin challenges of rising oil prices and a declining rupee, this wisdom could not be more relevant. Being a nation that imports energy products, Pakistan annually incurs substantial costs, which amounted to $17 billion…
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Gold prices in Pakistan increase by over Rs1,000 per tola
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[ad_1] Gold bars are seen in this undated file photo. — AFP KARACHI: Despite a depreciation in international prices of gold, rates in Pakistan managed to make minute gains on Friday. The price of gold (24 carats) appreciated by Rs1,300 per tola and Rs1,115 per 10 grams to settle at Rs221,500 and Rs188,786, respectively, according…
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Petrol, diesel prices increased massively due to ‘IMF conditions’
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[ad_1] An employee of a gas station fills the tank of a motorbike in Karachi, on July 16, 2021. — AFP The federal government has decided to increase the price of petroleum products in Pakistan by Rs19.95 per litre for the next fortnightly review, Finance Minister Ishaq Dar announced Tuesday, in line with commitments made…
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Govt jacks up petrol prices by whopping Rs19.95 | The Express Tribune
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[ad_1] Finance Minister Ishaq Dar on Tuesday said that petroleum prices were being jacked up by a staggering Rs19.95 per litre. The minister said that the decision was made “in the national interest” as he announced that the cost of High-Speed Diesel (HSD) was being increased by Rs19.90 to dial in at Rs273.40 per litre…
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Gold prices fall by over Rs2,000 per tola as week starts
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[ad_1] A representational image of gold jewellery. — AFP/File KARACHI: The rates of gold in the local market fell by over Rs2,000 per tola in line with the developments in the international market on Monday. The price of gold (24 carats) lost Rs2,500 per tola and Rs2,143 per 10 grams to settle at Rs222,200 and…
