Sunday, April 29, 2012

Increase in fuel price - Pakistan

 The fuel prices affect directly the economy of everyone; this is only factor which affects irrespective of his economic condition; however, the low economy person will be affected more than the higher / stabled economy persons.
There is a large fluctuation seen in the prices of fuel in the international market but more fluctuation has been noted in the domestic fuel prices in Pakistan. We know since the attack of USA on Iraq, the war on terrorism has been converted into war for oil, and ever since the petrol price is not constant. Instead of correction for the root cause the people and critics are criticizing the after effects. 
If we take a look at the international oil prices, we can see a constant increase in the price; take a look at the graph below. The oil prices graph trends upward; the price loses its stability at the start of 2005, which shows a distinct upwards increase in the graph. The graph is based on the data gathered from 2002 to 2008 of the oil price in the international market.


The main cause is the world political situation which has a direct effect on the oil prices, the Iranian foreign policy as well as American invasion in Iraq are the two main reason, also the stake holders policy not seem to be on the right path.



The Pakistani fuel price trends look a little more aggressive in nature, the graph trend shows a constant increase but at the last of graph we can see the severity of price increase.


The data for the above graph is given below; we can see this April, 2012 the Rs. 100 limit has finally crossed! There was a perception that how much the price will increase it can’t exceed Rs. 100, but this April this barrier has been crossed. The prices are still on the move!


The impact of fuel price increase directly hits the economy, the most prominent is the increase in transport rates, just after the fuel price increase the transporters increase their rates a series of protests will be announced if they are not allowed to do so, due to the increase in the transport rates the daily household products also increases as they also include transport charges in their costs, thus they also have to increase their costs as well. The food prices increase along with an increase in the agriculture and machinery stuff.

Another cause of fluctuation in the product price is the increase in the cost of electricity, the major fuel used in the generation of electricity is the furnace oil. Thus the increase in fuel also affects the per unit cost of the power generated, this is a chain reaction which also increase all the stuff prices involved power which is obviously almost everything!

20 comments:

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  5. Hello we Can supply Aviation Kerosene,Jet fuel (JP 54-A1,5), Diesel (Gas Oil) and Fuel Oil D2, D6,ETC in FOB/Rotterdam only, serious buyer should contact or if you have serious buyers

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  8. Hello we Can supply Aviation Kerosene,Jet fuel (JP 54-A1,5), Diesel (Gas Oil) and Fuel Oil D2, D6,ETC in FOB/Rotterdam only, serious buyer should contact or if you have serious buyers

    my seller is ready to close this deal fast contact us below:now base email us (vlahdanichka_misha@mail.ru)

    PRODUCT AVAILABLE IN ROTTERDAM/ CI DIP AND PAY IN SELLER EX-SHORE TANK.

    Russia D2 50,000-150,000 Metric Tons FOB Rotterdam Port.

    JP54 5000,000 Barrels per Month FOB Rotterdam.

    JA1 Jet Fuel 10,000,000 Barrels FOB Rotterdam.

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  9. I am a Broker to a Direct Mandate working with a reputable refinery, and we are to you, esteem buyers that the petroleum products you are looking for is available in our Tanks and Reservoir for immedaite lift and supply.

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  10. I am a Broker to a Direct Mandate working with a reputable refinery, and we are to you, esteem buyers that the petroleum products you are looking for is available in our Tanks and Reservoir for immedaite lift and supply.

    SUCH AS
    1) JP54
    2) JPA1
    3) MAZUT
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  12. Our company PETROLEUM CORP is the most viable and efficient connection between real buyers for all principal energy commodities. We trade in several commodities not limited to AVIATION KEROSENE’S, namely,

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  13. We are please to inform your esteem buying company the petroleum products you are looking for is available in our storage tanks, We have an official FOB and CIF offer (Fob Rotterdam). We guarantee truth and professionalism, We will be ready to cooperate with you in various products. to ship to our customers. and reservoir for immediate delivery Such as:

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  16. Our company PETROLEUM CORP is the most viable and efficient connection between real buyers and sellers for all principal energy commodities.

    We trade in several commodities not limited to AVIATION KEROSENE’S, namely,

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    And also in BONNY LIGHT, OTHER CRUDES AND COALS. We currently serve any world port. If you are a buyer or direct mandate to a performing buyer please feel free to contact us.

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    ReplyDelete
  17. Our company PETROLEUM CORP is the most viable and efficient connection between real buyers and sellers for all principal energy commodities.

    We trade in several commodities not limited to AVIATION KEROSENE’S, namely,

    JET FUEL (JP54),
    VIRGIN DIESEL FUEL OIL (D6),
    DIESEL GASOIL (D2),
    MAZUT etc.

    And also in BONNY LIGHT, OTHER CRUDES AND COALS. We currently serve any world port. If you are a buyer or direct mandate to a performing buyer please feel free to contact us.

    Please contact us via our official email address.
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    Whatsapp: +79153753185
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