Gold, silver, oil down as dollar gain
Gold, silver and crude oil recorded downward trend in the wake of the improvement in dollar in international markets on Monday.
Crude oil shed three percent prices within two days in international markets, gold two percent while silver declined 4 percent. Oil is down by another 70 cents and traded at 80.56 cents. Gold is sold at $1360 per ounce and silver stood at $23.93. Dollar is up by 0.4 percent against other currencies.
Fuel prices likely to increase
ISLAMABAD: In the wake of increasing international oil prices local fuel prices are likely to increase by two to four rupees per litre, sources in oil marketing industry told Geo News.
International oil prices from 1st April to 16th has increased by three percent, diesel seven percent and kerosene oil eight percent.
Due to stronger rupee affect of high prices would be less, sources told.
OGRA Has Announced Slight deCrease Of 1 To 4 Percent In Petroleum Products
February 28, 2010 by Trend PK
Filed under Breaking News
OGRA has announced slight decrease of 1 to 4 percent in petroleum products on Sunday. Petrol declined to Rs 70.67 with a decrease of 64 paisas. In a press conference, ORGA’s senior executive director finance Syed Jawwad Naseem announced slight decrease in petroleum products. According to which, light speed diesel reached at Rs 69.47 with a decrease of 60 paisas, high speed diesel slashed to Rs 69.89 with a decrease of Rs 1.97, kerosene oil decreased to Rs 61.50 with a decline of Rs2.56 and HOBC reached to Rs68.06 with a decrease of 78 paisas. Petrol and HOBC rates have been decreased by one percent each while light and high speed diesel prices have been decreased by three percent each. Kerosene oil has been decreased by 4 percent. New prices have been applied from today.
OGRA Has Announced Slight deCrease Of 1 To 4 Percent In Petroleum Products was first posted on March 1, 2010 at 2:04 am.
