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Posts Tagged ‘Oil prices’

Current Oil Prices to Stay as Govt Rejects OGRA Summary

Current Oil Prices to Stay as Govt Rejects OGRA Summary

Saturday, February 1, 2014 10:37

The Ministry of Finance on Friday rejected cut in oil prices recommended by the Oil and Gas Regulatory (OGRA) in its summary yesterday. The finance ministry has decided to maintain the current petroleum prices. According to sources, there will be nominal reduction in prices of light diesel and ...

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Govt May Cut Oil Prices by Rs3.50 a Litre

Govt May Cut Oil Prices by Rs3.50 a Litre

Monday, October 28, 2013 12:32

[caption id="attachment_33106" align="alignright" width="380"] Oil Prices[/caption] The federal government is likely to reduce prices of petroleum products by up to Rs3.50 a litre from 1st November. According to sources, Oil and Gas Regulatory Authority (OGRA) is expected to ...

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Oil Prices Likely to go up Again (OGRA)

Oil Prices Likely to go up Again (OGRA)

Saturday, September 28, 2013 10:28

The Oil and Gas Regulatory Authority (OGRA) on Friday proposed a fresh hike in oil prices from the coming month of October. According to sources, the regulatory authority has recommended raising price of petrol by Rs5.45/litre and diesel by Rs2.63 a litre. It has also recommended hike in ...

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Oil Higher Amid Talk Fed Will Continue Stimulus for Now

Oil Higher Amid Talk Fed Will Continue Stimulus for Now

Friday, June 28, 2013 9:26

Crude oil futures rose for a fourth straight session on Thursday, gaining over $1 a barrel, as conviction strengthened that monetary stimulus measures from major central banks would stay in place for the time being. [caption id="attachment_31566" align="alignnone" width="594"]...

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Oil Prices Lower in Asian Trade

Oil Prices Lower in Asian Trade

Monday, May 20, 2013 11:46

Oil prices were down in Asian trade Monday as investors locked in profits from last week's gains after US stocks blazed to new record levels. [caption id="attachment_30820" align="alignnone" width="468"] Oil Prices[/caption] The US benchmark contract, West Texas Intermediate for June ...

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OGRA Wants Oil Prices Slashed

OGRA Wants Oil Prices Slashed

Saturday, March 30, 2013 8:44

The Oil and Gas Regulatory Authority (OGRA) has proposed a fresh cut in the prices of petroleum products for the coming month of April. In a summary sent to Petroleum Ministry, OGRA proposed reduction in petrol price by Rs1.80 a litre, high speed diesel by Rs1.45 a litre, ...

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Crude down in Asia on Fading Hopes of US Fiscal Cliff Deal

Crude down in Asia on Fading Hopes of US Fiscal Cliff Deal

Monday, December 31, 2012 13:16

Crude was down in Asia Monday as traders' hopes of a last-minute compromise deal between US politicians to avert the fiscal cliff faded, analysts said. [caption id="attachment_28534" align="alignright" width="281"] Crude[/caption] New York's main contract, light sweet crude for delivery in ...

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Increase in POL Prices Likely from 16 August

Increase in POL Prices Likely from 16 August

Saturday, August 11, 2012 10:06

The price of petroleum product are likely to be increased by Rs.1 per litre from August 16, Media News cited sources. According to sources, the price of petrol, diesel, light diesel and kerosene oil would be hiked by Rs.1 per litre. While, HOBC would be raised by Rs.2 ...

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Plan Under Study to Pass on Full Impact to Consumers (Oil Prices)

Plan Under Study to Pass on Full Impact to Consumers (Oil Prices)

Tuesday, July 10, 2012 12:30

A plan is under study to pass on full impact of global oil prices to consumers without making any cut in taxes in case world crude prices swell. In this connection, the Oil and Gas Regulatory Authority (Ogra) will be granted powers to notify prices without seeking any ...

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OGRA Suggests Keeping Petrol Price Unchanged

OGRA Suggests Keeping Petrol Price Unchanged

Friday, March 30, 2012 9:57

Oil and Gas Regulatory Authority (OGRA) Thursday suggested the government to keep the petroleum product prices unchanged for the month of March by dropping petroleum levy, however, otherwise the same would likely be raised by Rs.8.94 a liter, reports....

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