Tag Archives: Petroleum sales drop 27pc

KARACHI: The country’s overall petroleum sales dropped 27 per cent mainly due to a massive p 59 per cent plunge in the production of furnace oil (FO) in the outgoing fiscal year. An analyst at Top Line Securities on Tuesday said the economic slowdown and significant increase in petroleum prices due to rupee devaluation crumbled the petroleum sales in 2018-19. …

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