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Petrol Price Expected to Surge by Rs 9.94 Litre for Next 15 Days

Petrol Price Expected to Surge by Rs 9.94 Litre for Next 15 Days

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The anticipated changes in fuel prices, contingent upon government approval, are poised to impact consumers across Pakistan. According to sources familiar with the matter, adjustments are expected to commence in the first half of April, potentially resulting in significant shifts in petrol, diesel, and kerosene oil prices. Presently, petrol is priced at Rs 272.75 per […]

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UAE to announce fuel prices for April: Will prices rise for 3rd consecutive month?

UAE to announce fuel prices for April: Will prices rise for 3rd consecutive month?

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Globally, oil prices traded higher in March 2024 as compared to the previous month on a tighter supply outlook and heightened geopolitical risk Published: Sat 30 Mar 2024, 7:35 AM The UAE’s Fuel Price Committee is set to announce petrol and diesel prices for the month of April soon. The prices are revised to align

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Oil looks set to reach $90 despite US production at near full capacity

Oil looks set to reach $90 despite US production at near full capacity

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WTI Oil closed off Thursday at $82.82, close to a fresh five-month high. Oil traders remain bullish despite recent US stockpile build-ups. The US Dollar Index trades in the green,  and could post a fresh monthly high.  Oil prices have been heading higher in recent weeks, with several elements painting a rather sketchy picture of

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Sinopec’s 2024 Profits Declined 13% After Oil Prices Fell

Sinopec’s 2024 Profits Declined 13% After Oil Prices Fell

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Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info By Alex Kimani – Mar 25, 2024, 1:30 PM CDT China’s largest oil refining company China Petroleum & Chemical Corp. aka Sinopec, recorded a 13% decline in its 2024 profits due to lower oil and gas prices. Sinopec reported FY 2024 net income

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U.S. Has Urged Ukraine To Stop Attacks on Russian Refineries

U.S. Has Urged Ukraine To Stop Attacks on Russian Refineries

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Charles Kennedy Charles is a writer for Oilprice.com More Info By Charles Kennedy – Mar 22, 2024, 12:30 PM CDT The United States has repeatedly urged Ukraine to halt its drone attacks on Russian oil refineries due to Washington’s assessment that the strikes could led to Russian retaliation and push up global oil prices, the Financial

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Indian rupee falls 12 paise against UAE dirham in early trade

Indian rupee falls 12 paise against UAE dirham in early trade

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Forex traders said foreign fund outflows and elevated crude oil prices in the international market also dented investors’ sentiments Top Stories Photo: Reuters Published: Fri 15 Mar 2024, 9:27 AM The rupee depreciated 12 paise to 82.96 against the US dollar (23.04 UAE dirhams) in early trade on Friday, weighed down by a strong American

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