ISLAMABAD: The government has decided to maintain the prices of petroleum products for the next fortnight effective from December 1, 2021, a statement said. Analysts were predicting a further increase in the prices for the next fortnight but on the directives of Prime Minister Imran Khan, the prices were kept intact. Some of the analysts … Read more
ISLAMABAD: The Petroleum Division has said the circular debt has affected the profitability of the listed petroleum companies and their growth prospects. Adviser to the Prime Minister on Finance and Revenue Shaukat Tarin chaired a meeting on dividends to shareholders of the energy sector companies at the Finance Division on Monday. The petroleum secretary gave … Read more
Petrol shortage news has triggered panic buying among the residents of Karachi but now the state-run Pakistan State Oil (PSO) has rejected the rumors and said there is no shortage of fuel in Karachi and advised people not to panic. PSO spokesperson said that PSO has sufficient stocks of petrol and diesel available and there … Read more
Islamabad: Amid decline oil prices in the international market, the Pakistan government slashed the petrol price by Rs5 per litre. According to the Ministry of Finance, The new price of petrol will be Rs. 111.60 per litre. The price of diesel has also been reduced by Rs. 5 and now it will be available for … Read more
