PSX down in the face of a possible increase in gas prices Blogging Sole

PSX down in the face of a possible increase in gas prices

 Blogging Sole

Brokers are busy trading at the Pakistan Stock Exchange (PSX) in Karachi on Thursday, October 17, 2024. — PPI The market opened the week in the red and fell 1.13% at the end of the session. The KSE-100 index fell 1,331.86 points, closing at 116,255.12. The intraday high of 118,735.09 reversed to hit the low … Read more

The price of gasoline should increase slightly, that of diesel should decrease Blogging Sole

The price of gasoline should increase slightly, that of diesel should decrease

 Blogging Sole

Employees at a gas station attend to their customers in Islamabad, Pakistan, February 16, 2022. — AFP/File The price of petrol may increase by Re0.81 per liter from December 16. The price of diesel may decrease by Rs3.94 per liter in the new fortnightly rates. Petrol is expected to cost Rs 252.92, diesel at Rs … Read more

Government set to increase IFEM by Rs 2.5 per liter for POL products Blogging Sole

Government set to increase IFEM by Rs 2.5 per liter for POL products

 Blogging Sole

A worker holds a fuel injector to refuel a car at a gas station in Karachi, September 16, 2023. — Reuters Increase in IFEM by Rs 2.5 per liter proposed as interim financing measure. The sales tax exemption makes refinery upgrades unsustainable. The refinery improvements aim for POL production to comply with the Euro V … Read more

Petrol and diesel prices may increase by up to Rs 3 per liter from December 1 Blogging Sole

Petrol and diesel prices may increase by up to Rs 3 per liter from December 1

 Blogging Sole

A worker filling gasoline into a vehicle at a gas station in Karachi on April 16, 2024. — PPI Officials expect a decline in POL prices in global markets. The price of kerosene is expected to fall by Re 0.11 per litre. The price of LDO is expected to fall by Re0.04 per liter. ISLAMABAD: … Read more

Iran to ‘significantly increase’ uranium enrichment capacity despite IAEA reprimands led by US and allies Blogging Sole

Tehran — Iran said Friday it would launch a series of “new and advanced” centrifuges in response to a resolution passed by the United Nations nuclear watchdog that blames Tehran for what the agency called a lack of cooperation. The motion of no confidence filed by Britain, France, Germany and the United States before the … Read more

Prices of petroleum products expected to “increase by Rs 5.50 per liter” Blogging Sole

Prices of petroleum products expected to “increase by Rs 5.50 per liter”

 Blogging Sole

A large number of motorists gathered in a queue to fill up with gasoline in Karachi on Friday, July 5, 2024. — PPI The government will announce new rates on November 15. New rates will come into effect on November 16. The federal government increased prices in the previous review. KARACHI: The price of petroleum … Read more