KARACHI: Pakistan Yarn Merchants Association (PYMA) has demanded Prime Minister Imran Khan of massive reduction in prices of petroleum products in order to make industrial activities viable. Saqib Naseem, Central Chairman Pakistan Yarn Merchants Association (PYMA) and Muhammad Junaid Teli, Vice Chairman, Sind & Balochistan region in a statement on Monday expressed serious concerns over […]
The government of Pakistan has decided to keep the prices of petroleum products unchanged during the next fortnight. The decision, made on Monday, entails absorbing a tax loss of approximately Rs2.77 billion.
ISLAMABAD: The federal government on Friday decided not to increase the prices of petroleum products during next fortnight in order to provide relief to the consumers during the holy month of Ramazan. A statement said that in line with the vision of the Prime Minister to provide relief to the consumers in the holy month […]
KARACHI: The Oil Companies Advisory Committee (OCAC) has advised the government to review petroleum prices on fortnightly basis instead monthly basis. In a letter to Secretary Petroleum, the OCAC said that due to the declining petroleum products prices experienced in February and March 2020, the whole downstream oil industry was facing uncertainty and financial exposure. […]