Petroleum sales in Pakistan decline 8pc YoY in August 2023
Sharp drop in sales was predominantly attributed to a staggering 64 percent YoY reduction in Furnace Oil (FO) sales
Sharp drop in sales was predominantly attributed to a staggering 64 percent YoY reduction in Furnace Oil (FO) sales
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Caretaker Finance Minister Dr Shamshad Akhtar finally revealed how and when the petrol price in Pakistan will be reduced.
Petroleum levy of Rs60, Rs5.53 freight charges, distribution margin Rs6.94, dealer margin Rs7.82 being charged on petrol per litre
These changes are in line with shifts in global oil prices, which have prompted adjustments in local fuel market
Pakistan’s consumers expect a welcome surprise on Dec 31st announcement by finance ministry
Price of high-speed increases Rs8.37 per litre to reach Rs287.33
Massive decrease likely to be implemented from June 16
Dealer Association represents 14,000 dealers
The new rates will apply from August 1