CNG”s prices increased by 1.70 to 1.73 per kg

ISLAMABAD: Oil and Gas Regulatory Authority on Thursday increased prices of Compressed Natural Gas(CNG) from Rs 1.70 to 1.73 per kilogram with effective from July 30.

According to OGRA sources, in Kyber-Pakhtunkhwa and Balochistan and Potohar region the gas prices were increased by Rs 1.70 from Rs 55.30 per kg to Rs 57.3 per kg.

While in Punjab, Sindh excluding Potohar region CNG prices were jacked up by Rs 1.73 from Rs 53.63 per kg to Rs 55.33 per kg.

Oil rebounds in Asian trade

SINGAPORE: Oil prices rebounded in Asian trade Friday after falling on concerns about demand stemming from a build-up in US crude inventories, analysts said.

New York”s main contract, light sweet crude for delivery in May, rose 40 cents to 85.79 dollars a barrel. Brent North Sea crude for May was up 41 cents to 84.22 dollars.

Crude prices were lifted by a stronger equities performance in Hong Kong and China, but analysts said the market could pare back gains later in the day.

Cotton price hike will damage textile sector

KARACHI: The recent increment in cotton prices will severely damage textile sector. Chairman Pakistan Apparel Forum Javed Bilwani said this in Geo News program ‘Aik sa Do’

KARACHI: The recent increment in cotton prices will severely damage textile sector.
Chairman Pakistan Apparel Forum Javed Bilwani said this in Geo News program ‘Aik sa Do’. He said yarn is not available for local power looms due to cotton exports and if the situation continues, textile mills will closed within two to three months.
Chairman [...]

Oil prices stable in Asian trade

SINGAPORE: Oil prices were flat in Asian trade Friday with investors spooked by an unexpected rise in US crude inventories, analysts said. New York’’s main contract, light sweet crude for delivery in December, fell three cents to 76.91 dollars per barrel

SINGAPORE: Oil prices were flat in Asian trade Friday with investors spooked by an unexpected rise in US crude inventories, analysts said.
New York’’s main contract, light sweet crude for delivery in December, fell three cents to 76.91 dollars per barrel. Brent North Sea crude for December delivery was unchanged at 76.02 dollars.
Data released [...]

Oil Price Increases In Asia Trade

SINGAPORE: Oil prices were above 72 dollars in Asian trade on Friday following an overnight rally which saw the market buoyed by strong performances on Wall Street and a weakening US dollar, analysts said.

New York’s main futures contract, light sweet crude for October delivery, was up 13 cents to 72.62 dollars a barrel. Brent North Sea crude for delivery in October was unchanged at 72.51 dollars.

“Oil market sentiment benefited from a recovery on US equity markets,” the Commonwealth Bank of Australia said in a report.

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Oil Price Increases In Asia Trade was first posted on August 28, 2009 at 4:06 pm.
©2009 “Pakistan News“.