google-site-verification=jrFRO6oYNLK1iKh3HkH_yKgws4mFcOFcPvOCyqbqAnk
Pakistan's Premier Multilingual News Agency
Browsing Category

Energy

Oil’s 7-week upward trend is in jeopardy

Oil prices increased by around a dollar per barrel on Friday on clear signs of shrinking United States production. Despite that, both crude benchmarks looked ready to conclude their longest rally of 2023 on soaring apprehensions regarding…

UK, only G7 economy to decline in 2023

London, 31 January 2023 (GNP): The IMF did add, though, that it currently believes the UK economy is "on track" following the Autumn Statement. The UK did better than many expectations last year, according to Chancellor Jeremy Hunt. Instead…

Petrol rate update: new price hike

Islamabad, 30 January 2023 (GNP): Ishaq Dar, the finance minister of Pakistan, in a recent conference, announced that the federal government has raised the cost of gasoline and fuel by Rupees 35. Following the elimination of the informal…

OGRA negates reports of petrol shortage

Islamabad, 24 January 2023 (GNP): The spokesperson of OGRA said in a statement:" Ogra strongly rebuts the speculations on petrol/diesel shortages. Furthermore, ships carrying 101,000 metric tonnes petrol are at berth/outer anchorage. The…

Rupee falls against Dollar

Islamabad, 21 January 2023 (GNP): According to Pakistan Stock Exchange (PSE), the Pakistani rupee dropped by Rps 0.52 (0.23%) to a three and half-month low at Rs229.67 against the US dollar in the interbank market. Also Read: Major…

Pakistan to import oil from Russia

Islamabad, 21 January 2023 (GNP): After the end of the annual inter-governmental commission between Russia and Pakistan, it was agreed that Russia will export crude oil to Pakistan starting from March this year. The news was confirmed by…

OGRA allows hike in gas prices

Islamabad, 11 January 2023 (GNP): Oil and Gas Regulatory Authority of Pakistan (OGRA) has allowed Sui Southern Gas Company Limited (SSGCL) and Sui Northern Gas Pipelines Limited (SNGPL), two major gas-providing companies, to inflate gas…
google-site-verification=jrFRO6oYNLK1iKh3HkH_yKgws4mFcOFcPvOCyqbqAnk