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Oil prices down in Asian trade

Source: Geo News | 03-09-2013

SINGAPORE: Oil prices eased in Asian trade Tuesday on receding fears of an immediate US intervention in Syria but upbeat global economic data capped losses, analysts said.

New York's main contract, West Texas Intermediate for delivery in October,

was down $1.01 at $106.64, while Brent North Sea crude for October shed 19

cents to $114.14.

Incentive to pay: Amnesty scheme help FBR register 22% increase in revenues

Source: Tribune | 03-04-2013

The state’s revenues in March grew 22% for the first time in nine months, following tax authorities’ decision to extend an amnesty on smuggled vehicles and a crackdown on influential textile millers who have so far been evading sales taxes. The Federal Board of Revenue (FBR) collected Rs182.2 billion in March – Rs32.6 billion or 21.8% hi..... Read more

Prices of petroleum products: Govt wants bigger hike than suggested by Ogra

Source: Dawn News | 28-02-2013

The Oil and Gas Regulatory Authority (Ogra) has worked out an average of four per cent increase in the prices of all petroleum products with effect from Thursday midnight, but the government wants the last price surge of its tenure to be even higher. The pricing of petroleum products is turning out to be a major controversy at the fag end of the PPP gov..... Read more

Gas stoppage: Industrial production suffers

Source: dawn | 07-01-2013

A large number of units in six major industrial clusters of the city and those in Lasbela, Balochistan were unable to run their production lines on Saturday due to closure of gas supply by Sui Southern Gas Company Ltd (SSGCL). Export orders worth million of dollars are unlikely to find their way to ports as they lie in various manufacturing and ..... Read more

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