Jet fuel price drops in Pakistan
Global oil price decline leads to sharp reductions in fuel across country
SAMAA TV
Loading...
Loading...

Global oil price decline leads to sharp reductions in fuel across country
Brent crude futures settle down $9.01, or 9.07%, to $90.38 a barrel
Petrol price remains unchanged; kerosene oil reduced by Rs21.34 per litre
Petroleum product prices in global market eased after opening of strait
Officials described development as significant achievement
Crude markets react swiftly as Iran confirms passage restored for global shipping
Increase in hydropower output cuts load management duration to under three hours
Latest drop has brought some relief for buyers
Several essential commodities record increase
Improved weather conditions have also contributed to lower electricity demand
Minister secures support in Washington, signals Panda Bond launch, stronger Pak-China ties
Loan rollover deal boosts financial stability as Saudi deposit term extended at State Bank
Regional outlook flags risks to GDP, current account, borrowing
Europe has 'six weeks or so' of jet fuel left; Strait of Hormuz blockade tightens availability
CPPA files fuel cost adjustment request for March; hearing scheduled for April 28
'Country has taken measures to support peace in region'
Wedding halls, marquees and other event venues directed to close by 10pm
Widening shortfall has led to severe electricity outages nationwide
NA finance body calls for tax cuts to promote technology; FBR promises clearer policy in next budget
Govt collects over Rs1.23tr in levy as rising fuel costs drive higher revenue from consumers
Country maintains surplus despite Eurobond repayments and ongoing geopolitical tensions