Subsidy today, crisis tomorrow Updated 01 Apr, 2026 10:04am The petroleum consumption largely remained unchanged in March, as there is no meaningful impact on the consumption...
Oil sales recover Published 06 Jun, 2024 07:14am Monthly petroleum consumption has picked up a bit when looked at the monthly trend, and year-on-year trend recently....
OMC sales lackluster Published 08 May, 2024 06:35am All the hype around the rebound in petroleum consumption and oil sales has died down as April 2024 recorded the...
Oil sales in 9MFY24 Published 03 Apr, 2024 09:14am The oil sales by the oil marketing companies during March 2024 saw a rise of 4 percent year-on-year, and three...
Oil sales for OMCs – Jul 23 Published 08 Aug, 2023 08:25am The oil marketing sector has had weaker volumes for FY23, and that continues as we enter FY24. After falling by...
The oil sector in ES Published 19 Jun, 2023 08:50am The oil sector has been under pressure with demand falling over the last year and sales contracting as a result. The...
Petrol, diesel prices to remain unchanged: Ishaq Dar Updated 15 Jun, 2023 10:13pm Prices of petrol and high-speed diesel are Rs262 and Rs253 per litre
Russian oil: experts say ‘trial run’ vital to identify viability for Pakistan Updated 13 Jun, 2023 11:21pm Currently, details are not available, which makes it harder to assess cost impact for consumers
Petroleum Levy: Achievable like never before Published 12 Jun, 2023 08:36am While the federal budget FY24 may well be more of a wish-list, the government seems to have got the expectations...
OMC volumes keep shrinking Published 05 Jun, 2023 08:46am Oil and petroleum consumption in the country has been declining and the latest data from OCAC showing decline of 40...
Oil sales - dwindling demand amid high prices Published 06 Mar, 2023 08:30am Petroleum consumption is coming down this year amid surging prices, nose-diving currency and economic hardships that...
Petroleum consumption trotting down Published 07 Dec, 2022 08:56am The past 5 months have seen the demand for petroleum products drop by percent year-on-year primarily due to higher...
LSM: First quarterly contraction since Covid Published 18 Nov, 2022 08:51am Industrial manufacturing is struggling. The Large-Scale Manufacturing numbers released by the PBS show 1Q LSM down ...
Petroleum consumption to come down Published 13 Jul, 2022 08:39am Consumption of petroleum products is expected to decline, and FY23 is slated to be a year with slow volumetric ...
Oil and gas consumption in power Published 10 Jun, 2022 08:35am Petroleum consumption by the power sector has been primarily due to furnace oil demand by the independent power...
OMC sales — slowdown on the cards Published 07 Jun, 2022 08:31am Overall, the petroleum consumption and sales of petroleum products by the oil marketing companies continue to grow...
Petroleum consumption in 10MFY22 Published 09 May, 2022 08:33am The consumption of petroleum products continue unabated as the petroleum product prices remain frozen. After 23...
OMC sales and robust demand Published 06 Apr, 2022 08:24am After a slower February 2022, petroleum product sales in March 2022 are back to being robust. Sales of petroleum...
Petroleum sales keeping up Published 04 Mar, 2022 08:19am After a robust January 2022, February was a tad bit slower for the petroleum consumption in the country. The oil...
Business community hails PM’s relief package Published 04 Mar, 2022 04:37am KARACHI: Business and industrial community welcomed the relief measures announced by Prime Minister Imran Khan,...
Do not flirt with petroleum prices Published 07 Feb, 2022 05:22am The international oil prices are hovering their seven year high, and the current government in Pakistan is entering...
Petroleum sales upbeat Published 03 Feb, 2022 07:43am After the seven months of the current fiscal year – 7MFY22, the petroleum consumption in the country is up as seen...
Is petroleum consumption really growing? Published 28 Oct, 2021 07:25am Petrol price has received much press, and for good reason too. What has gone rather unnoticed is the demand, which...
Petroleum sales – boom returning Published 03 Sep, 2021 07:35am Momentum for oil sales boom has been building for some time and FY22 has started off on a high note for the oil...
FY21: Record petroleum taxes Published 07 Jul, 2021 08:14am Save a numbers’ jugglery, the Petroleum Levy (PL) collection for FY21 would be a maximum of Rs420 billion, now ...
Letting the Petroleum Levy go Published 20 May, 2021 07:30am Petroleum prices divide opinions. There is growing concern in the “expert” community that the government’s...
Petroleum tax rationality Published 18 May, 2021 07:25am International oil prices are moving up and the government is not passing on the heat of the prices to the consumer ...
Petroleum consumption on the rise Published 05 May, 2021 07:30am Apart from the revival of economic activity in FY21 so far, two factors in April have been the driving force behind...
SHEL – three quarters of recovery! Published 26 Apr, 2021 07:30am 2020 was a bleak year for companies including the ones in the oil marketing segment. It was no different for Shell...
Petrol prices: Relief mode on? Published 02 Apr, 2021 07:30am Inflation concerns in Islamabad are getting more and more obvious by the day. Petroleum prices were reduced for the...