Devaluation of currency, declining sales push oil firm towards liquidity crunch

PSO international payments swell as petrol sales drop by 32%, rupee devalues against US dollar

Light diesel rate reduced fractionally, kerosene oil price jacked up

Oil industry lobby recommends margins be revised to Rs8.85 per litre

Finance Division to move a summary today for an estimated 11% hike in POL prices with effect from August 1

Exporters get relief at a time when extra burden being put on middle class

Corridor for Afghan transit trade will boost ties between two countries

Concession will provide Pakistan’s exporters with better market access

Further increases will take place in Aug and Oct, boosting national average tariff to Rs24.82 per kWh

Some members suggest buying commodity from domestic market