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Oil prices mixed in Asian trade

Source: Geo News | 31-07-2013

SINGAPORE: Oil prices were mixed in cautious Asian trade on Wednesday as dealers await the conclusion of the US Federal Reserve policy meeting, analysts said.

New York's main contract, West Texas Intermediate (WTI) for delivery in

September, was up 30 cents at $103.38 a barrel in mid-morning Asian trade, and Brent North Sea crude for September fell four cents to $106.87.

LPG price cut by Rs 5 per kg

Source: The Nation | 02-02-2013

The LPG prices have been reduced by Rs5 per kilogram all over the country owing to reduction in price in the international market. After decrease of Rs5,000 per metric tond, price of domestic cylinder has declined by Rs60 and commercial cylinder by Rs240. For the month of February, LPG would be sold at Rs140 per kg in Karachi and Rs145 per kg in Lahore, F..... Read more

ADB aids Pakistan Islamic banking boost

Source: the news | 12-12-2012

The Asian Development Bank (ADB) has provided a $750,000 grant to promote Islamic banking in Indonesia, Pakistan, Bangladesh and Afghanistan. The money will be shared between those countries' governments to help their banking systems to meet regulatory standards set by the Islamic Financial Services Board, the ADB said. Islamic financ..... Read more

Meeting takes up dealersâ€™ demand on margin today

Source: The Nation | 13-02-2013

Owing to oil marketing companies (OMCs) and petroleum dealers’ demand of gigantic increase in their margin, Adviser to Prime Minister on Petroleum & Natural Resources has summoned a meeting on Wednesday (today) to negotiate with companies on the matter. Reliable sources told that fifty percent increase in the margin of oil marketing companies an..... Read more

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