Petroleum sales in Pakistan decline 8pc YoY in August 2023
Sharp drop in sales was predominantly attributed to a staggering 64 percent YoY reduction in Furnace Oil (FO) sales
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Sharp drop in sales was predominantly attributed to a staggering 64 percent YoY reduction in Furnace Oil (FO) sales
Even if it is troubling, Pakistan’s inflation rate is not a singular cause for concern
Saudi Arabia likely to extend its voluntary 1 million barrel per day oil production cut into October
Tariff was supposed to be raised from July 1; both entities delayed raising basic, multi-air tariff; notification issued on July 26
Current account deficit in July stood at $246 million
Recovers Rs70 million in fines from industries including sugar, cement, cooking oil, and beverages
LESCO sources say relief of Rs14 per unit is now only applicable to those with single-phase meters
From July to August, total export volume exceeded $5 billion with food products playing a key role in the rise
477-kilometer pipeline to enhance Pakistan's energy infrastructure