FACT SHEET: OIL PRICES IN PAKISTAN

S.M. ABBAS ZAIDI, S.KAMAL HAYDER KAZMI,
Research Analyst
, PAGE

Oct 27 - Nov 02, 2008

CATEGORIES OF OIL

AUTOMOTIVE OILS

Automotive Greases

Diesel Engine Oils

Brake Fluids

Gear / Transmission Fluids

Motor Cycle Oils

Passenger Car Motor Oils

INDUSTRIAL OILS

Asphaltic Oils

Hydraulic Oil

Circulating Oils

Marine Engine Oils

Cylinder Oil

Metal Working Fluids

Gas Engine Oils

Metal Working Fluids

Gears Oils

Process Oils

Heat Transfer Oils

Refrigeration Oils

Spindle Oils

Slide Way Oils

Transformer Oils

Turbine Oil

FUEL OILS

High Octane Blending Component

Light Diesel Oil

Kerosene

Furnace Oil

Various sources


PRICES OF OIL PRODUCTS IN PAKISTAN

PRODUCTS

JP-1

JP-4

JP-8

PREMIUM MOTOR GASOLINE

HOBC

KEROSENE OIL

LIGHT DIESEL OIL

INTERNATIONAL PRICES PER BARREL ($)

Jan-08

48.85

51.73

56.64

53.70

64.88

35.23

32.57

88.35

Feb-08

47.39

51.06

55.11

53.70

64.88

35.23

32.57

90.64

Mar-08

52.77

55.46

60.75

58.70

69.88

38.78

36.07

99.03

April-08

59.47

59.17

67.94

62.81

74.77

41.44

38.59

105.16

May-08

67.33

65.70

76.20

68.81

80.77

41.44

44.59

119.39

June-08

84.90

80.05

94.81

68.81

80.77

41.44

44.59

128.33

July-08

82.10

76.79

87.79

75.69

88.85

49.73

49.05

131.22

Aug-08

86.11

79.45

92.16

86.66

96.08

58.37

56.50

112.41

Sep-08

75.34

72.13

81.39

86.66

96.08

58.37

56.50

96.85

Oct 1-08

69.01

64.36

75.04

81.66

96.08

61.87

60.00

89.27

Oct 16-08

59.75

55.26

65.78

81.66

96.08

61.87

60.00

62.77

Source: OGRA & OPEC


OIL CONSUMPTION (BBL / DAY) IN 2008

RANK

COUNTRY

TOTAL CONSUMPTION

1

World

80,290,000

2

United States

20,800,000

3

European Union

14,570,000

4

China

7,000,000

5

Japan

5,353,000

6

Russia

2,916,000

7

Germany

2,618,000

8

India

2,438,000

9

Canada

2,290,000

11

Brazil

2,100,000

12

Mexico

2,078,000

13

Saudi Arabia

2,000,000

14

France

1,999,000

15

United Kingdom

1,820,000

16

Italy

1,732,000

17

Iran

1,630,000

18

Spain

1,600,000

19

Indonesia

1,100,000

20

Netherlands

1,024,000

21

Taiwan

970,000

22

Thailand

929,000

23

Australia

903,200

24

Singapore

802,000

25

Turkey

660,800

26

Egypt

635,000

28

Belgium

564,000

29

Malaysia

501,000

30

South Africa

497,000

34

Iraq

395,000

35

United Arab Emirates

372,000

37

Pakistan

345,000

38

Philippines

340,000

40

Kuwait

333,000

Various Sources


NATURAL GAS CONSUMPTION (CU M) IN 2008

RANK

COUNTRY

CONSUMPTION

1

World

3,004,000,000,000

2

Russia

614,700,000,000

3

United States

604,000,000,000

4

European Union

496,300,000,000

5

Iran

98,190,000,000

6

Germany

96,840,000,000

7

Canada

92,760,000,000

8

United Kingdom

91,160,000,000

9

Japan

83,670,000,000

10

Italy

82,640,000,000

11

Ukraine

73,940,000,000

12

Saudi Arabia

68,320,000,000

13

China

55,600,000,000

14

Uzbekistan

48,400,000,000

15

Mexico

47,500,000,000

16

Netherlands

47,460,000,000

17

France

47,260,000,000

18

United Arab Emirates

39,560,000,000

19

Argentina

38,790,000,000

20

Indonesia

37,500,000,000

21

India

34,470,000,000

22

Korea, South

34,200,000,000

23

Egypt

32,810,000,000

24

Malaysia

31,840,000,000

25

Thailand

31,230,000,000

26

Spain

30,580,000,000

27

Pakistan

29,540,000,000

28

Kazakhstan

29,200,000,000

29

Venezuela

27,530,000,000

30

Turkey

26,250,000,000

Various Sources


YEARLY PRICE PER BARREL $

1995

16.86

1996

20.29

1997

18.68

1998

12.28

1999

17.48

2000

27.6

2001

23.12

2002

24.36

2003

28.1

2004

36.05

2005

50.64

2006

61.08

2007

69.08

2008

105.72

Source: OPEC