oil prices

ISLAMABAD – Information and Broadcasting Minister Fawad Chaudhry said on Thursday that the opposition is criticising the government over the rise in fuel costs.According to a statement made by the …

The ex-depot price of petrol has been set at Rs159.86 per litre instead of Rs147.83 per litre, an increase of Rs12.03 per litre or 8.14 percent. The petrol duty was …

Finance Minister made it clear that if the international market witnesses a hike in prices, the government will have to shift this burden onto the consumers.

He said that OPEC members will continue to manage oil production to ensure that markets are responsive.

The government has further increased domestic petrol and diesel prices in a bid to pass on to consumers increase in international crude oil prices which have surged to $85/barrel

Petrol and HSD are the two products that generate most of the revenue for the government because of their massive and yet growing consumption in the country. Average petrol sales …

Aramco’s profit was slightly above the median of economists’ estimate of $24.7 billion — Bank of America predicted $24 billion; JPMorgan estimated $23.7 billion, while Al-Rajhi Capital had the highest …

The facility is expected to provide relief in oil and gas import bill and ease pressure on foreign exchange reserves.

Things are starting to improve just now, which needs to be consolidated in future.

Oil prices slipped on Monday after Brent hit $70 a barrel