OPEC flags increase uncertainty, cuts the global prospects for oil demand for 2025 Blogging Sole

OPEC flags increase uncertainty, cuts the global prospects for oil demand for 2025

 Blogging Sole

The OPEC logo is seen in this illustration taken on October 8, 2023. – Reuters The organization of oil exporting countries (OPEC) slightly reduced its oil demand growth forecasts on Monday, citing the impact of American tariffs on the global economy. The oil cartel led by Saudi Arabia said in its monthly report that it … Read more

Oil prices “probably” more than RS8 per liter for the next fortnight Blogging Sole

Oil prices “probably” more than RS8 per liter for the next fortnight

 Blogging Sole

Vehicles lined up with Pakistan oil fuel pump in this undated photo. – Online / File RS7.47 per drop in liter expected in kerosene oil. The light diesel level can witness a decrease in RS7.21. The Govt reduced petrol by Re1 per liter last month. Karachi: Prices of petroleum products should decrease more than RS8 … Read more

Pakistan materializes $ 6 billion in creditors, $ 1.2 billion in Saudi oil to resume this month Blogging Sole

Pakistan materializes $ 6 billion in creditors, $ 1.2 billion in Saudi oil to resume this month

 Blogging Sole

A foreign currency dealer has US dollars in a store in Karachi on May 19, 2022. – AFP / File Pakistan will begin to receive $ 100 million each month from March. Islamabad will look $ 4.4 billion in foreign loans from March to June. Govt attracts $ 1.3 billion via Naya Pakistan certificates. Islamabad: … Read more

Major reduction in oil prices expected on March 16 Blogging Sole

Major reduction in oil prices expected on March 16

 Blogging Sole

A worker has a fuel nozzle to fill the fuel in a car at the Karachi service station on September 16, 2023. – Reuters Kerosene, LDO could be reduced by RS10 and RS7 per liter. The next bimonthly review is due on March 15. The final prices to be determined according to the fluctuation of … Read more