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Business

Web Desk
Sep 03, 2024

OMCs record 13.5 per cent drop in August sales

The sales of oil marketing companies (OMCs) in Pakistan dropped by 13.5 per cent in August 2024, totalling 1.22 million metric tons.

Business Pakistan

Web Desk
Dec 09, 2023

Petrol and diesel prices expected to witness a major reduction on December 16

Petrol and diesel prices in Pakistan are poised to experience a reduction in the upcoming week, with reports indicating a noteworthy decline.

Business

Web Desk
Nov 01, 2023

Saudi company to acquire one of Pakistan’s most prominent petroleum companies

Shell Pakistan announced that Shell Petroleum Company has entered into an agreement with Wafi Energy to divest its domestic operations.

Latest

Hum News
Oct 02, 2023

Petroleum sales in Pakistan decline by 34% due to high prices

In a stark contrast to the previous year, the oil marketing companies (OMCs) in Pakistan experienced a significant setback as their sales plummeted by 34 per cent year-on-year (YoY) in September 2023. The figures stood at 1.01 million tonnes (MTs) compared to a robust 1.52 MTs in September 2022.