US
World oil prices have dropped by more than 70 per cent since June 2014
US benchmark West Texas Intermediate for March fell $1.13 to $29.64 a barrel
Taxes on petroleum products higher than in PPP term: Shah
OPEC ready to cooperate with other producers on trimming output
January edition shows improvement in households’ perception about state of economy
From around $115 a barrel in June 2014, prices have been hovering around the $32 mark recently
Lowering oil prices will boost industrial production and competitiveness, says PRGMEA Chairman Shaikh Mohammad Shafiq
It provides chance to boost economy by passing benefits on to consumers
Energy specialist says US needs to be concerned over broader impact of lower oil prices on international economy
Prices of petrol could be cut by Rs7.56 per litre (9.9 per cent), bringing it down from Rs76.25 to Rs68.69