petroleum – CarSpiritPK https://carspiritpk.com Pakistan's Trusted Automobile Blog Sun, 10 Sep 2023 05:57:17 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.2 https://carspiritpk.com/wp-content/uploads/cropped-cspk-fb-32x32.jpg petroleum – CarSpiritPK https://carspiritpk.com 32 32 Pakistan’s Oil and Gas Reserves to End in 15 Years https://carspiritpk.com/pakistans-oil-and-gas-reserves-to-end-in-15-years/?utm_source=rss&utm_medium=rss&utm_campaign=pakistans-oil-and-gas-reserves-to-end-in-15-years https://carspiritpk.com/pakistans-oil-and-gas-reserves-to-end-in-15-years/#respond Sun, 10 Sep 2023 05:57:17 +0000 https://carspiritpk.com/?p=72490

Since there haven’t been any significant hydrocarbon discoveries in a long time, Pakistan’s oil and gas reserves have decreased by …

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Oil Consumption Shrunk to the Lowest Ever Mark https://carspiritpk.com/oil-consumption-shrunk-to-the-lowest-ever-mark/?utm_source=rss&utm_medium=rss&utm_campaign=oil-consumption-shrunk-to-the-lowest-ever-mark https://carspiritpk.com/oil-consumption-shrunk-to-the-lowest-ever-mark/#respond Thu, 13 Jul 2023 03:18:42 +0000 https://carspiritpk.com/?p=69971

With the exception of the COVID year FY20, when the overall amount of oil industry products sold was at about …

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As Inflation Bites, Petroleum Sales Fall by Half in April https://carspiritpk.com/as-inflation-bites-petroleum-sales-fall-by-half-in-april/?utm_source=rss&utm_medium=rss&utm_campaign=as-inflation-bites-petroleum-sales-fall-by-half-in-april https://carspiritpk.com/as-inflation-bites-petroleum-sales-fall-by-half-in-april/#comments Fri, 05 May 2023 04:15:53 +0000 https://carspiritpk.com/?p=68239

Overall oil sales in Pakistan fell 47% year over year in April to 1.171 million tonnes, while total sales fell 24% to 13.970 million tonnes in the July to April period of FY23.

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Demand for Petroleum Products Drops by 16.5% https://carspiritpk.com/demand-for-petroleum-products-drops-by-16-5/?utm_source=rss&utm_medium=rss&utm_campaign=demand-for-petroleum-products-drops-by-16-5 https://carspiritpk.com/demand-for-petroleum-products-drops-by-16-5/#respond Thu, 03 Nov 2022 03:09:05 +0000 https://carspiritpk.com/?p=60300

The overall demand for petroleum products in Pakistan has remained sluggish at 1.66 million tonnes amid an economic slowdown in the month ended October 31, 2022. This is a 16.5% drop when compared to the same period of last year.

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Sales of Oil Products Drop to Six-and-a-Half-Year Low https://carspiritpk.com/sales-of-oil-products-drop-to-six-and-a-half-year-low/?utm_source=rss&utm_medium=rss&utm_campaign=sales-of-oil-products-drop-to-six-and-a-half-year-low https://carspiritpk.com/sales-of-oil-products-drop-to-six-and-a-half-year-low/#respond Fri, 04 Oct 2019 05:00:19 +0000 https://www.carspiritpk.com/?p=27844

Sales of petroleum products dropped to a six-and-a-half-year low at 4.42 million tons in the quarter ended September 30, 2019, according to a report published in The Express Tribune.

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Diesel Price To Decrease By At Least Rs 17 https://carspiritpk.com/diesel-price-to-decrease-by-at-least-rs-17/?utm_source=rss&utm_medium=rss&utm_campaign=diesel-price-to-decrease-by-at-least-rs-17 https://carspiritpk.com/diesel-price-to-decrease-by-at-least-rs-17/#respond Mon, 27 Aug 2018 07:27:12 +0000 https://www.carspiritpk.com/?p=16509

Federal Petroleum Minister Ghulam Sarwar Khan stated in a press conference that the prices of diesel will be reduced by at …

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Petroleum Prices to Remain Unchanged https://carspiritpk.com/petroleum-prices-to-remain-unchanged/?utm_source=rss&utm_medium=rss&utm_campaign=petroleum-prices-to-remain-unchanged https://carspiritpk.com/petroleum-prices-to-remain-unchanged/#respond Mon, 31 Oct 2016 22:55:16 +0000 http://carspiritpk.com/?p=2637

The government decided to keep oil prices unchanged from 1st November 2016 amid increasing political pressure building up in the …

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Government Decides Not To Increase Petrol Prices In June https://carspiritpk.com/government-decides-not-to-increase-petrol-prices-in-june/?utm_source=rss&utm_medium=rss&utm_campaign=government-decides-not-to-increase-petrol-prices-in-june https://carspiritpk.com/government-decides-not-to-increase-petrol-prices-in-june/#respond Tue, 31 May 2016 18:46:16 +0000 http://carspiritpk.com/?p=197

Finance Minister, Senator Muhammad Ishaq Dar said on Tuesday that the government would bear expenses of Rs 8.5 billion to …

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