Furnace oil price down by Rs2,770 per tonne

Updated at: 0327 PST, Sunday, March 01, 2009
KARACHI: Pakistan State Oil (PSO) has slashed the price of furnace oil by Rs2,770 per tonne to Rs25,445 for the next fifteen days.

PSO has decided to reduce the price imported furnace oil by Rs823 per tonne to Rs26,608.

The above reduction will bring down the cost of production for the power producers that use mostly use furnace oil for generation of power.

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