Author: Web Admin

  • Russia-Ukraine Crisis and Global Economy

    Russia-Ukraine Crisis and Global Economy

    While we often hear about mobilising alternative sources of crude oil, natural gas, and wheat to offset the grave impact of the crisis, there is less discussion on other strategic commodities. Threatening the fragile post-pandemic recovery of the global economy, the Russia-Ukraine crisis pushed Brent crude oil prices on upward trends. In addition to this,…

  • OMAP delegation meets NBP President

    OMAP delegation meets NBP President

    LAHORE: A delegation of Oil Marketing Association of Pakistan (OMAP) called upon President National Bank of Pakistan (NBP) Arif Usmani here on Monday at head office. The delegation was led by Chairman OMAP Tariq Wazir Ali, whereas other office bearers were also present on occasion. In the meeting Chairman OMAP Tariq Wazir Ali presented the…

  • Give more facilities to the bank oil marketing sector: Marketers

    Give more facilities to the bank oil marketing sector: Marketers

    Lahore (Special Reporter) A delegation led by Chairman Oil Marketing Association Tariq Wazir Ali in a meeting with National Bank President Arif Usmani apprised them of the concerns of the oil marketing sector and said that banks should provide more facilities to the oil marketing sector. The oil marketing sector contributes one trillion rupees annually to…

  • OMAP hails PM on adopting right approach regarding fuel prices [Daily Times]

    OMAP hails PM on adopting right approach regarding fuel prices [Daily Times]

    Chairman Oil Marketing Association of Pakistan (OMAP) Tariq Wazir Ali on Wednesday has congratulated and appraised Prime Minister Imran Khan and Government of Pakistan for adopting right approach towards setting the prices of petroluem products and issue of Price Differential Claim (PDC) and undo the course on PDC as this timely action has averted a…

  • OMAP hails PM on adopting right approach regarding fuel prices [Pak Observer]

    OMAP hails PM on adopting right approach regarding fuel prices [Pak Observer]

    Chairman Oil Marketing Association of Pakistan (OMAP) Tariq Wazir Ali on Wednesday has congratulated and appraised Prime Minister Imran Khan and Government of Pakistan for adopting right approach towards setting the prices of petroluem products and issue of Price Differential Claim (PDC) and undo the course on PDC as this timely action has averted a…

  • OMAP: PDS system to impact country’s economy

    OMAP: PDS system to impact country’s economy

    ISLAMABAD – National Price Monitoring Committee (NPMC) on Wednesday held rise in international prices of food commodities and crude oil responsible for the increase in inflation rate, which touched four months highest level in October. Inflation rate has climbed to four months highest level of 9.2 per cent in the month of October mainly due…

  • Subsidies on petroleum Products Will Further Affect the Country’s Economy, OMAP

    Subsidies on petroleum Products Will Further Affect the Country’s Economy, OMAP

    A spokesman for the Oil Marketing Association said subsidies on petroleum products would further affect the country’s economy. According to details, Chairman Oil Marketing Association Tariq Wazir Ali has said that oil marketing companies are incurring losses by buying products at high prices and giving them at low prices. Tariq Wazir Ali, chairman of the…

  • Vaccination facility at petrol pumps

    Vaccination facility at petrol pumps

    LAHORE: Vans of Oil Marketing Companies of Pakistan (OMAP) will be mobilized to vaccinate consumers at different petrol pumps, said Tariq Wazir Ali, Chairman OMAP. He was addressing at a function where Commissioner Lahore Capt (R) Usman Younas inaugurated Mobile Van here Thursday. Chairman OMAP Tariq Wazir Ali said that OMAP had started this initiative…

  • OMAP urges govt to reduce turnover tax rate

    OMAP urges govt to reduce turnover tax rate

    HASSAN ABBAS LAHORE: Chairman Oil Marketing Association of Pakistan (OMAP) Tariq Wazir Ali on Wednesday demanded that government should provide relief to the oil marketing companies by reducing turnover tax and by reducing the load of cargo ships on the port. While talking to Business Recorder he said that the main reason behind the increase…