Petrol prices in Pakistan are expected to increase on September 15, 2023. Petrol could increase by Rs. 14/liter and HSD by Rs. 16/liter. Petrol prices rise due to the rupee devaluation and higher global oil prices. Due to the local currency devaluation against the US Dollar (USD) and increasing global oil prices, petrol prices in … Read more
KARACHI: The Oil and Gas Regulatory Authority’s enforcement team has inspected 150 petrol pumps of different oil marketing companies (OMCs) to check accurate measurements of oil, quality, price and safety standards, a statement said. The Authority has been continuously inspecting petrol pumps with its third party inspectors in the southern region while this process shall … Read more
KARACHI: The total petroleum and lubricant sales clocked-in at 1.51million tonnes in December 2021, depicting a decline of 6 per cent on a year-on-year basis, a research report by Arif Habib Limited showed. The decline in sales volume is attributable to lower Furnace Oil (FO) requirement amid slowdown in FO based power generation, as the … Read more
