Singapore: Asian LNG prices (LNG) decreased this week to the lowest level in three months, as lukewarm demand continues in the region and Europe continues to attract the shipping of the Atlantic basin. The average LNG for delivery in April to Northeast Asia was $ 13.40 per million British thermal units (MMBTU), and the sources … Read more
The FBR (FBR) recorded an increase of 54 % in collecting sales tax from the sugar sector during the past two months, driven by the recovery of arrears, tax reforms and increased sugar exports. However, despite the increase in tax revenues, the price of sugar continues to rise, as consumers pay about 170 rupees per … Read more
IslamabadOn Monday, the federal government decided to import raw sugar (Shakkar) to stabilize the country’s sugar prices and provide relief to consumers. Shakkar will help reduce the country’s sugar prices, according to the government’s press statement here. Importing raw sugar will also help increase the production of sugar in the future as it can be … Read more
BeijingConsumer prices in China decreased at a sharp pace at 13 months in February, while producers’ prices continued, reflecting a decrease in seasonal demand and the ongoing consumer warned due to concerns about jobs and income. Data of the National Bureau of Statistics showed that the Consumer Prices Index (CPI) decreased by 0.7 % in … Read more
ARAMCO Saudi Arabia has reduced crude oil prices for Asian buyers for the month of April, which represents the first price decrease in three months. The amendment is in line with the market expectations and follows OPEC+decision to gradually increase oil production, starting this month. According to an official statement, the official sale price (OSP) … Read more
Oil prices remained stable on Thursday, as it recovered a little from the lowest multi -year level, although Brent crude remained less than $ 70 amid pressure from commercial tariffs between the United States, Canada, Mexico and China, in addition to OPEC+ planning to raise production. Brent futures increased 28 cents, or 0.4 %, at … Read more
Prime Minister Shaybaz Sharif again affirmed the government’s commitment to providing basic elements at reasonable prices, while emphasizing that controlling sugar prices and preventing treasure is still a top priority. He chaired a meeting on sugar supplies and price regulation, the Prime Minister indicated that the recent campaign to smuggle … Read more
Islamabad: On Friday, the government reduced the prices of all oil products, including gasoline by 0.50 rupees per liter, which raised it to 255.63 rupees from 256.13 rupees. A press release issued by the Ministry of Finance said: “The Oil and Gas Regulatory Authority (OGRA) reviewed and modified consumer prices for petroleum products, given the … Read more
Oil prices remained stable on Monday, when the markets monitored diplomatic efforts to end the war in Ukraine and waited for clarity in restarting raw exports from northern Iraq. Brent crude rose 13 cents to $ 74.56 a barrel by 1103 GMT, while crude in West Texas Intermediate (WTI) added 11 cents to $ 70.51. … Read more
Islamabad: Consumers did not receive the full benefit from the recent reduction in oil prices, as the government has amended the transportation fees and margins of oil companies, which partially met the relief that was previously announced. These amendments resulted in a loss of 1.42 rupees per liter in relieving gasoline and 0.50 rupees per … Read more