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اردو

May 27, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Print Print 2021-10-06

Prices of POL products likely to increase

Recorder Report Published October 6, 2021

ISLAMABAD: The prices of petroleum products for the second half of October are expected to further increase as the Brent oil price reached $81 per barrel on Tuesday, market sources said.

Pakistan imports oil from the Middle East where crude prices fluctuate.

POL products’ prices increased

The imports of crude oil and petroleum products are mostly based on long-term contracts with Kuwait, Saudi Arabia, and the United Arab Emirates.

The OGRA worked out the petroleum products prices based on the last notified petroleum levy (PL), general sales tax (GST), and international oil prices and exchange rate over the past 15 days.

Crude Oil OGRA petrol price oil price petroleum products

Comments

Comments are closed.

Gnay.Aly Akber Oct 06, 2021 08:56pm

It's very regret to write here that no Federal Government of Pakistan led by Martial Law Administrator COAS, PML (N) , PPPP OR PRESENT GOVERNMENT OF PAKISTAN TEHREEK INSAF has ever considered to BUILT OIL RESERVOIRS TANKS OF MILLIONS OF MILLIONS BARRELS (UNDERGROUND & STEEL TANKS ABOVE) SO WHEN PRICES ARE DOWN THEN CAN BE RESTORED LIKE THE USA & ALL EUROPEAN & OTHER DEVELOPED COUNTRIES OF THE WORLD. SO WHEN PRICES ARE DOWN COULD BE RESTORED ONLY FEW MONTHS MAY BE 18 OR SO THE PER BARREL OIL WAS FOR US$ 35 EVEN MORE. THIS IS THE MAIN REASON AND OGRA (WHITE

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