Discover and read the best of Twitter Threads about #PetroleumPrice

Most recents (1)

1/9) 🧵
On #PetroleumPrice hike:
#Fuel prices r giving headaches both to ppl & govt of #Pakistan. Former are finding it difficult to cope with #food & #fuel inflation; the later despite losing PDL & GST #revenue, finding it difficult to reduce the impact of expensive #fuel import
2/9) Quicker than expected increased demand for #energy amidst #Covid19 has triggered 🌎energy prices. coal 🇿🇦, Brent crude, & gas prices increased by 150%, 102% & 500% since Aug 2020.
3/9) Depreciation of value of #rupee against #US$ is also turning imported #fuel more expensive for us. But then artificially stabilising (thru SBP intervention) value of rupee has its own implications
Read 9 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!