Local production of petroleum commodities dips 4.78% in 7 months

News Image

MG News | April 02, 2019 at 01:02 PM GMT+05:00

0:00

April 2, 2019: The overall production of petroleum commodities has witnessed a decrease of 4.78 percent during first seven months of the current fiscal year as compared to corresponding period of 2017-18.

According to the data of Pakistan Bureau of Statistics, the POL products that showed negative growth include Kerosene oil, High Speed Diesel, Furnace Oil, Jute Batching Oil and Solvant Naptha, posting decrease of 5.22 percent, 5.94 percent, 11.88 percent, 6.62 percent and 36.47 percent respectively.

However, the production of Motor Spirit oil has increased by 12.43 per cent, Diesel oil 35.75 per cent, Lubricating oil 16.03 per cent and Liquefied Petroleum Gas 36.91 per cent during the period under review.

On year-on-year basis, the petroleum production decreased by 4.04 per cent during January 2019 as compared to the output of January 2018.

(APP)

Related News

Name Price/Vol %Chg/NChg
KSE100 139,860.59
49.31M
1.05%
1448.34
ALLSHR 86,692.78
111.98M
1.15%
989.82
KSE30 42,738.15
28.64M
1.14%
483.31
KMI30 197,014.11
31.37M
1.50%
2904.52
KMIALLSHR 57,560.48
53.48M
1.49%
846.81
BKTi 38,024.76
2.84M
0.51%
193.42
OGTi 28,375.55
13.01M
3.41%
934.91
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 119,330.00 119,430.00
117,905.00
1710.00
1.45%
BRENT CRUDE 72.24 72.82
72.19
-1.00
-1.37%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00
2.20
2.33%
ROTTERDAM COAL MONTHLY 104.50 104.50
104.50
-0.30
-0.29%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 69.86 70.41
69.83
-0.14
-0.20%
SUGAR #11 WORLD 16.46 16.58
16.37
-0.13
-0.78%

Chart of the Day


Latest News
July 31, 2025 at 10:16 AM GMT+05:00

Pakistan seeks stronger trade ties with Morocco


July 31, 2025 at 10:02 AM GMT+05:00

Fed holds rates steady


July 31, 2025 at 09:57 AM GMT+05:00

Pakistan’s untapped Shale reserves back in focus


July 31, 2025 at 09:42 AM GMT+05:00

NBP issues foreign exchange rates


July 31, 2025 at 09:36 AM GMT+05:00

Asian Markets varied amid trade tensions



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg