Oil prices hit new six month high | Saudi King says fair oil price is 75 - 80 dollars

Thursday, May 28, 2009

On Friday, In New york the oil prices rise to 62.54 $ dollars per barrel which is the new six month high, infact most highest prices in 2009 while in London's Brent North Sea crude for July the prices were jumped to 61.24 dollars after an increase of 1.03 dollars.

On the other hand, The Saudi King Abdullah published remarks that the fair price is 75 dollars and infact 80 dollars is more suitable as of now due to the economic crises, Saudi Arabia which is the top oil exporter hopes for increased prices in oil and expecting a stabilize and profitable price of oil.

So what everyone think, what will be the price of oil on this year end ?

The difference between petrol and cng is now less than 20% : Pakistan

Wednesday, May 27, 2009

Following a decrease in petroleum prices after the supreme court orders, the difference between the price of petrol and cng is now of less than 20% . The current difference is around Rs8.21 or 17 percent. These poor policies have a negative impact on the cng industry, but cng dealers in bid to increase their sales have seen giving discounts to keep their sales stable.

Auto sales fall by 50 percent : Pakistan

Tuesday, May 26, 2009

Due to the economic slowdown, poor policies, lack of interest by government in this sector, continuous devalutation of rupee and several other factors, the sales of automobiles have been reduced by 50 percent in the first ten months of 2008-2009 business year.

ECC allowed Ethanol-10 as motor fuel

Monday, May 25, 2009

The Economic Coordination Committee (ECC) of the Federal Cabinet has decided to allow marketing of Ethanol-10 as motor vehicle fuel on trial basis at PSO stations. 

This decision was done under the meeting which was chaired by Shaukat Tareen, Advisor to PM.

What i personally think that it will be a good idea to introduce it, but i think since it's only 10% so i don't think that it will be very cheaper as compared to other fuels but hey! let's hope for the best

Government reduced petrol prices by Rs1.45 / litre : Pakistan

Sunday, May 24, 2009

After the orders of Supreme court, the government of Pakistan have finally decided to reduce the petroleum prices

The new prices are as follows

Petrol : Rs56.21

Diesel :: Rs55.71

Hi -Octane :  Rs70.38

More details :

Exclusive New Toyota Prius! Don't miss to see

Friday, May 22, 2009

The Third Generation Toyota Prius is released now, 80,000 units are already sold and delivery is started from today!

Launch ceremony was held at Toyota motors head office in tokyo. President of TM cut the tape & deliver key to first owner himself.

Below are the pictures of it

The pictures are looking damn sexy! oops... i can't miss to ride in... but hey no chance of prius to come in my country... anyway hope is the thing which you don't lose and for others good luck riding it!.

Petrol Prices to be reduced soon : Pakistan

Thursday, May 21, 2009

Well after the Supreme court orders of reducing petroleum prices, we can expect to see reduce in petrol prices anytime so stay updated, the decrease in price can occur anytime within few days

Honda Civic 2009 Pictures Released!

Wednesday, May 20, 2009

Hello everyone, Finally we have got some official more pictures to reveal and so we are up with the new post with new detailed pictures of Honda Civic 2009 Model, Enjoy Watching Them!

Source :

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