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Tag Archives: oil

Rising Oil Prices: Adding Fuel To Fire

Rising Oil Prices Adding Fuel To Fire

Pakistan is a net oil importer and meets about 75 percent of needs through imports. Oil imports carry the heaviest weight in total imports of the country. Pakistan has a total refining capacity to process around 400,000 bpd or about …

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Rising Global Oil Demand And Future Prices

Rising Global Oil Demand And Future Prices

The International Energy Agency raised it outlook for 2017 global oil demand growth. US crude stockpiles rose sharply and gasoline inventories plunged due to impacts from hurricane Harvey. US crude jumps 2.2 percent to 5-week high, settling at $49.30, as …

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Energy Sector Victim Of Inconsistent Policies

ENERGY SECTOR VICTIM OF INCONSISTENT POLICIES

Analysts had termed creations of independent power plants (IPPs) as putting the cart before the horse. It was true that power generation plants were not very efficient, but real losses were due to highly inefficient distribution companies. There was rampant …

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Higher Oil Prices And Implications For Pakistan

HIGHER OIL PRICES AND IMPLICATIONS FOR PAKISTAN

Pakistan’s economy has routinely oscillated between periods of relative stability and busts brought about by external payments crises. Failure of successive governments to push through structural reforms when the economy is stable typically drives this volatility. In the last few …

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