Reduce pump price of fuel now – KSCPC tells IPMAN 

Harga minyak mentah jatuh ke paras sebelum krisis di Asia Barat

PETALING JAYA: Harga minyak mentah jatuh ke paras sebelum krisis dan trend tersebut dijangka berterusan dalam tempoh terdekat susulan langkah pengurusan risiko pasaran yang proaktif serta pemulihan pantas rantaian bekalan dari Asia Barat. Kontrak niaga hadapan minyak mentah Brent kini menghampiri paras AS72 setong, manakala penanda aras Amerika Syarikat (AS), West Texas Intermediate (WTI) berada ... Read more The post Harga minyak mentah jatuh ke paras sebelum krisis di Asia Barat appeared first on Utusan Malaysia.

Pakistan hikes petroleum levy on petrol, diesel; keeps retail prices unchanged

Islamabad [Pakistan], June 28 (ANI): The Pakistan government on Saturday increased the petroleum levy on petrol and high-speed diesel (HSD) while leaving retail fuel prices unchanged for another week, despite a decline in international oil prices, The Express Tribune reported. According to The Express Tribune, citing figures released by Pakistan's Petroleum Division, the petroleum levy on high-speed diesel (HSD)

FG insists on fuel price slash at meeting with Dangote Refinery, marketers

The Federal Government has called on marketers to reduce the pump price of petrol to reflect falling crude costs in the international market. The Minister of state for Petroleum Resources (Oil), Heineken Lokpobiri, made the call on Monday at a stakeholders’ meeting with the marketers and other downstream petroleum sector operators. The minister demanded that the sharp [] FG insists on fuel price slash at meeting with Dangote Refinery, marketers

FG mounts pressure on marketers to cut petrol price

By Obas Esiedesa, Abuja The Federal Government on Monday mounted fresh pressure on petroleum marketers to reduce the pump price of Premium Motor Spirit also known as petrol, insisting that the sharp decline in international crude oil prices should be reflected in retail fuel prices across the country. Speaking at the Stakeholders’ Meeting on Cost-Reflective [] The post FG mounts pressure on marketers to cut petrol price appeared first on Vanguard News.

Oil prices rise more than two per cent as US-Iran peace talks pause

CommSec's Gillian Bowen says oil prices have jumped more than two per cent as peace talks between the United States and Iran have paused. Ms Bowen told Sky News Australia that when trade reopens, “There will be a drop for the S&P500 and the Nasdaq”. “We have had global oil resume trade a short time ago. There was a jump of more than two per cent to take Brent crude back over $US81 a barrel. “Before the weekend's developments, the ASX was pointing to a drop of 0.2 per cent.” Presented by CommSec.