Govt pins increase in prices of petroleum products to global hike in rates The Ministry of Finance has attributed its latest decision of increasing prices of petroleum products to a hike in... Published 16 Apr, 2024 08:26pm
BR Research Oil sales in 9MFY24 The oil sales by the oil marketing companies during March 2024 saw a rise of 4 percent year-on-year, and three... Published 03 Apr, 2024 09:14am
BR Research Smuggling back in surge Petrol smuggling is back. Earlier this week, the Chairman Oil Companies Advisory Council (OCAC) wrote a hard-hitting... Published 27 Mar, 2024 07:04am
BR Research PRL - Expansion on the way Pakistan Refinery Limited (PSX: PRL) announced a whopping increase in its earnings for 1HFY24 where its profit after... Published 26 Feb, 2024 09:13am
BR Research OMC sales for 7MFY24 The oil sales by the oil marketing sector during the first seven months of FY24 continued to decline with a... Published 06 Feb, 2024 09:16am
Markets Sale of total petroleum products dip 4% YoY Sale of total petroleum products in Pakistan clocked in at 1.38 million tons in January, a decline of 4%... Updated 02 Feb, 2024 04:12pm
BR Research Petroleum imports 1HFY24 Unlike the previous years like FY22 when the petroleum imports were rising, FY23 was a year where the oil imports... Published 15 Jan, 2024 07:47am
Markets POL sales down 7% YoY amid higher prices, economic slowdown Sale of total petroleum products in Pakistan clocked in at 1.24 million tons in December, a decline of 7%... Updated 02 Jan, 2024 07:09pm
Markets Attock Refinery resumes ‘normal operations’ as stock upliftment improves Attock Refinery Limited (ATRL), a subsidiary of Attock Oil Company Limited, said it has resumed “normal operations”... Updated 21 Dec, 2023 06:14pm
Markets Attock Refinery shuts crude distillation units amid depressed demand Attock Refinery Limited (ATRL), a subsidiary of Attock Oil Company Limited, has shut down its crude distillation... Updated 12 Dec, 2023 03:48pm
Markets POL sales plunge 24% YoY amid high prices, economic distress Sale of total petroleum products clocked in at 1.26 million tons in October Updated 02 Nov, 2023 05:11pm
BR Research Diesel: Low(est) demand or high(est) smuggling? September 2023 petroleum sales numbers were a rude awakening – laying bare so many things simultaneously. From the... Published 10 Oct, 2023 09:05am
Markets Govt may raise PDL on diesel to Rs60 as declining sales dent target: JS Global The government in its bid to achieve revenue targets assigned by the International Monetary Fund (IMF) may increase... Updated 06 Oct, 2023 11:43pm
BR Research Petroleum pricing: Border and currency controls imperative The petroleum product price relief for the ongoing fortnight felt too little, given how retail prices are almost 50... Published 03 Oct, 2023 08:54am
Markets Sale of petroleum products dips 8% year-on-year in August Decline comes 'mainly on account of 64% YoY fall in Furnace Oil sales, says Arif Habib Limited Updated 02 Sep, 2023 07:42pm
Technology High fuel prices are changing the landscape of ride-hailing: how are the players responding The government, as its parting gift, increased petrol and high-speed diesel prices by nearly 8% in one go. Petrol... Published 04 Aug, 2023 01:03pm
Markets Petrol, HSD prices: Govt announces hike of nearly Rs20 per litre Government intended to provide relief, but international prices are not under its control, says finance minister Ishaq Dar Updated 01 Aug, 2023 05:37pm
Business & Finance HSD price cut: Ogra says has no mandate to review or amend govt policy ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has asked the Oil Companies Advisory Council (OCAC) and Oil... Updated 21 Jul, 2023 08:56am
Print OCAC assails Ogra’s HSD price cut decision ISLAMABAD: The Oil Companies Advisory Council (OCAC) blamed the Oil and Gas Regulatory Authority (OGRA) that forced... Updated 18 Jul, 2023 08:59am
Print Petrol price slashed by Rs9, HSD’s by Rs7 ISLAMABAD: The federal government has reduced petroleum products prices by up to Rs9 per litre. In a televised press... Updated 16 Jul, 2023 09:21am
BR Research Petroleum imports slump Petroleum consumption has been on a decline in the country for obvious reasons. Demand destruction for petroleum... Published 14 Apr, 2023 08:52am
Print Kuwait Petroleum Corporation dues: PSO asks PD to provide $220m payment ISLAMABAD: Pakistan State Oil (PSO) on Thursday asked the Petroleum Division for a payment of $220 million to Kuwait... Updated 13 Jan, 2023 08:54am
Business & Finance Rs5 PL hike on HSD may not help govt achieve Rs31bn monthly target ISLAMABAD: An increase of Rs5 per litre petroleum levy (PL) on high-speed diesel (HSD) may not help the government ... Updated 17 Dec, 2022 10:04am
Print Upper limit of premium raised to $15/barrel: OMCs allowed to recover Rs10/litre on HSD for 2 months ISLAMABAD: The government has allowed Oil Marketing Companies (OMCs) to recover Rs10 per litre on High-Speed Diesel... Updated 08 Nov, 2022 09:48am
Markets OCAC warns Pakistan could see shortage of petroleum products in coming days Oil Companies Advisory Council says deficit has been identified due to inadequate imports, limited local availability Updated 07 Nov, 2022 07:58pm
BR Research OMC sales: of weak demand and high prices The consumption of petroleum products in the country improved during October as compared to the previous month ... Published 04 Nov, 2022 08:54am
Markets Oil sales up 9% in October amid improved mobility post-floods Month-on-month increase in oil sales led by improved mobility post floods Updated 02 Nov, 2022 04:33pm
Markets Sept oil sales dive 22pc to 1.53m tons YoY KARACHI: The oil sales in Pakistan in September 2022 declined by 22 percent on year-on-year basis to 1.53 million... Updated 05 Oct, 2022 10:12am
Print Low consumption of MS, HSD: Jul-Aug PDL collection shortfall stands at Rs93bn ISLAMABAD: The shortfall in collection of petroleum levy against the budgeted target was Rs93 billion in July and... Updated 04 Oct, 2022 09:40am
BR Research Attock Petroleum Limited Attock Petroleum Limited (PSX: APL) was Incorporated in 1998 an oil marketing company It has a has a strong retail... Published 03 Oct, 2022 08:34am