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Oil prices ease on weak Chinese trade data

Source: Geo News | 10-03-2014

Oil prices eased in Asian trade Monday as weak Chinese trade data stoked concerns over demand in the world´s top energy consumer, analysts said.

New York´s main contract, West Texas Intermediate for April delivery, was down nine cents at $102.49 in mid-morning trade. Brent North Sea crude for April was down 41 cents at $108.59.

Tokyo stocks open down 1.02 percent

Source: Geo News | 05-08-2013

TOKYO: Tokyo stocks opened 1.02 percent lower on Monday after the dollar fell against the yen on a weaker-than-expected reading on US jobs growth last week. The benchmark Nikkei 225 index was down 147.95 points to 14,318.21 at the start. The dollar fell against the yen and other currencies on Friday as the US jobs report for July, released after Tok..... Read more

Relief for consumers: Substantial cut in gas prices likely

Source: Tribune | 27-03-2013

Gas consumers are expected to get relief from a substantial cut in gas prices as the Oil and Gas Regulatory Authority (Ogra) has planned to relieve consumers of a Rs44 billion burden over the next three years. Officials told The Express Tribune that Ogra mulled over passing on the Rs44 billion to consumers which were stuck with gas companies due to numero..... Read more

OGRA notifies raise in CNG prices

Source: The News | 02-01-2013

The Oil and Gas Regulatory Authority (OGRA) Tuesday issued a notification, raising the CNG prices in line with the new pricing formula approved by a sub-committee of Economic Coordination Council (ECC). The price of CNG has been increased in Region-1 by Rs12.80 per kilogram to Rs74.44 per kg and Region-2 by Rs11.62 a kg to Rs65.78 a kg.However,..... Read more

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