Tag: Price

It was unnecessary!

FPCCI Acting President Zubair Ali Khan rejected an unnecessary increase in oil price and urged government to withdraw the current rise in oil prices....

POL price hike: Fares raised within hours

As soon as the hike in petroleum prices was notified, transporters raised the fares, augmenting the miseries of commuters. Transporters increased fares and started...

Gold jumps to Rs 51,000

Gold jumped by Rs 429 to close at Rs 51,000 per 10 grams in the local market Saturday as its international price soared to...

It’s going down!

The Sensitive Price Indicator (SPI) of the lowest income group up to Rs 8,000 for the week ended on August 30, registered a decrease...

Govt allies reject POL price hike

The Muttahida Qaumi Movement (MQM) and Awami National Party (ANP), two leading allies of the Pakistan People’s Party, on Saturday rejected the latest increase...

POL prices likely to go up by Rs7.77 per liter

Prices of petroleum products are likely to be increased up to Rs7.77 per litre, media reports said on Friday. The petroleum ministry received recommendations by...

Private sector oil prices mechanism opposed

The Pakistan Economy Watch (PEW) on Sunday said that government’s decision to allow marketing companies to fix retail prices of major oil products is...

Oil falls below $114 on euro zone uncertainty

Brent crude has recovered from a low of $88.49 reached in June to hit a three-month top last week on hopes of progress in...

Oil up in Asia on renewed Europe optimism

Crude oil prices rose in Asia Wednesday on growing hopes of imminent European Central Bank intervention to ameliorate the eurozone debt crisis, analysts said. New...

Oil falls on profit-taking in Asian trade

World oil prices tumbled in Asian trade Friday as traders cashed in gains from a recent rally, analysts said. New York's main contract, West Texas...

Oil price inflates as speculators bet on stimulus

Oil is up almost a third in six weeks at a time when the world economy, and hence fuel demand, are extremely weak. Today’s oil...

Not another LPG price hike!

Local producers of liquefied petroleum gas (LPG) have increased prices by Rs 19,000 per ton in accordance to a rise in its international prices...

Crude down in Asia as hopes for Fed, ECB stimulus fade

Crude markets fell in Asia Wednesday as fading hopes for additional stimulus measures from the US Federal Reserve and European Central Bank (ECB) led...

Oil rises in Asia after Wall St gains

Oil headed up in Asian trade Thursday, tracking gains on Wall Street as well as Asian bourses and buoyed by a dip in US...

POL, CNG prices set to mount on July 16

The Finance Ministry has given the approval of increase in petroleum prices which would hike the petrol price by Rs1.41 per litre and CNG...

World oil prices rise before Norway lockout

World oil prices advanced on Monday, rebounding from recent losses ahead of a looming lockout of Norwegian production. Brent North Sea crude for delivery in...

Price of petrol likely to be slashed again

The price of petrol is likely to go down by Rs 2 per litre from July 15, a private TV channel reported on Friday....