The production of petroleum products in Pakistan has shown a notable increase of 3.82% during the July-February period of the fiscal year 2023-24. In a recent report released by the…
The reduction in power consumption holds significance as an economic indicator in Pakistan’s developing economy. Pakistan’s leading private utility company, Hub Power Co Ltd (Hubco), foresees a drop in the…
Nasheed Malik of Topline Securities claims that since February-April 2020, there have been 35 months with a lower monthly sales figure. The country’s overall sales of oil products were constrained…
The ongoing economic downturn and rising oil prices were major contributors to the OMCs’ weaker January sales. The oil marketing companies’ January 2023 sales fell by 20% year over year,…
The FCA is reviewed every month in accordance with the tariff regime in effect throughout the country and is usually only applicable to the consumer’s bills for one month. K-Electric…