Petroleum import bill drops 8% to $1.2bn in Oct
MG News | November 18, 2024 at 11:42 AM GMT+05:00
November 18, 2024 (MLN): The import bill of the petroleum group decreased 7.8% to $1.22 billion in October 2024, compared to the import bill of $1.33bn recorded in October 2023, data released by the State Bank of Pakistan (SBP) showed.
Similarly, the imports of petroleum products fell by 6.0% compared to the bill of $1.3bn in September 2024.
The share of petroleum products in the total import bill stood at 26.6% in October 2024.
In 4MFY24, the import bill of petroleum products went up by 7.7% to $5.16bn against $4.79bn recorded in the same period last year.
It is pertinent to mention that the overall import bill has increased by 5.1% to $4.61bn in October compared to last year. While on a monthly basis, imports fell by 1.9%.
Cumulatively in 4MFY25, total imports marked a rise of 13.0% to $18.83bn compared to imports of $16.67bn in 4MFY24.
Copyright Mettis Link News
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 171,725.29 261.56M | 2.31% 3881.05 |
| ALLSHR | 103,214.49 498.64M | 2.00% 2024.02 |
| KSE30 | 51,517.14 135.33M | 2.40% 1209.13 |
| KMI30 | 246,565.71 111.44M | 2.29% 5524.54 |
| KMIALLSHR | 67,042.77 274.55M | 1.94% 1273.86 |
| BKTi | 47,299.71 43.26M | 3.04% 1394.54 |
| OGTi | 36,341.37 10.64M | 2.20% 783.44 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 74,885.00 | 76,000.00 74,705.00 | -1010.00 -1.33% |
| BRENT CRUDE | 95.64 | 99.45 94.16 | -3.94 -3.96% |
| RICHARDS BAY COAL MONTHLY | 110.00 | 0.00 0.00 | -7.25 -6.18% |
| ROTTERDAM COAL MONTHLY | 112.85 | 113.00 112.85 | 0.35 0.31% |
| USD RBD PALM OLEIN | 1,157.50 | 1,157.50 1,157.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 89.64 | 93.69 87.77 | -4.25 -4.53% |
| SUGAR #11 WORLD | 14.18 | 14.49 14.17 | -0.36 -2.48% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|