Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    Gen V Season 2 trailer
    Videos

    Gen V Season 2 Trailer Cast, Plot, Premiere Details

    July 26, 2025 3 Min Read
    IShowSpeed Daniel La Belle race
    Videos

    IShowSpeed Beats Daniel La Belle in 40-Meter Race, Hits 41M Subscribers

    June 24, 2025 2 Min Read
    Cardi B new single Outside
    Videos

    Cardi B’s ‘Outside’ Single Sparks Buzz Over Offset and Stefon Diggs

    June 20, 2025 2 Min Read
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Reading: Petroleum prices may go down by 4pc
PhotoNews Pakistan PhotoNews Pakistan
Font ResizerAa
Search
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Have an existing account? Sign In
Follow US
© 2022 Photonews. All Rights Reserved.
PhotoNews Pakistan > World > Petroleum prices may go down by 4pc
World

Petroleum prices may go down by 4pc

Web Desk
By Web Desk Published August 23, 2014 1 Min Read
Share
SHARE

The prices of petroleum products are estimated to register a reasonable decline later this month as a result of drop in the price of crude oil in international market during the current month.

The price of crude oil had so far moved down by about seven per cent during this month, but consumers in Pakistan would get the benefit of only four per cent because most of oil shipments came when the price of crude oil hovered around $104 per barrel.

The decline in crude oil’s price in international market have partially been offset by a recent depreciation of rupee against dollar from Rs99 to Rs101 following the continued political adventurism in the country as a result of protests by Pakistan Tehreek-i-Insaf and Pakistan Awami Tehreek in Islamabad.

The prices of petroleum products are anticipated to come down further next month if the price of crude oil sustains at $107 per barrel.

Share This Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Email Copy Link Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Advertisement

HBL Saving Made Easy
HBL Saving Made Easy

Recent Posts

Trump Epstein files redacted

FBI Redacts Trump’s Name from Epstein Files, Citing Privacy Protections

Kohistan 40 billion corruption scandal

Pakistani Rupee Gains Slightly Against US Dollar in Interbank Market

Imran Khan sons meeting with Richard Grenell

Imran Khan’s Sons Await Pakistani Visa Approval to Visit Pakistan

Post Archives

More Popular from Photonews

KSE-100 Index Surge
Business

PSX KSE-100 Gains 173 Points Amid Trade Deal Optimism

2 Min Read
Karakoram Highway reopens
Gilgit - Baltistan

Karakoram Highway Reopens as Gilgit-Baltistan Battles Flood Aftermath

3 Min Read
Trump India Russia tariffs 2025
Top NewsWorld

Trump Terms India and Russia as “Dead Economies,” Imposes 25% Tariff on Indian Imports

2 Min Read
Top NewsWorld

Opposition Leader Rahul Gandhi Accused Modi of Cowardice

On July 29, 2025, intense debates in India's Parliament regarding the recent military standoff with Pakistan…

July 30, 2025
Tech

Meta Introduces AI-Enabled Coding Tests to Job Interviews

Meta is transforming its hiring process by integrating artificial intelligence (AI) into coding tests for job…

July 30, 2025
Top NewsWorld

Bangkok Market Shooting: 6 Killed in Or Tor Kor Attack

A mass shooting took place at Bangkok's Or Tor Kor Market on July 28, 2025, resulting…

July 28, 2025
Entertainment

Sydney Sweeney Sparks Dating Rumors with Mystery Man at Idaho Lake House

Sydney Sweeney, the 27-year-old star of "Euphoria," was spotted enjoying time with an unidentified man at…

July 29, 2025
PhotoNews Pakistan

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

Categories

  • World
  • Pakistan
  • Punjab
  • Sindh
  • Khyber Pakhtunkhwa
  • Balochistan
  • Azad Jammu Kashmir

 

  • Top News
  • Business
  • Entertainment
  • Sports
  • Videos
  • Tech
  • Offbeat
  • Blog

© 2024 Phototnews
All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?