Cyclops
Minister (2k+ posts)
Why The Oil prices have crashed drastically and went negative for the first time in history. What is the reason and What Pakistan could get from it.
But Pakistan could have benefit ted from it. it required imagination. All they had to do was do increase the strategic reserves of the country to 365 days. this would have been a massive boost to the construction industry. and the it would have come in hand in case of a crisis like war and famine. but no Imran Khan is busy collecting Chanda.
Making money is more powerful than saving money
Indeed but WTI loosely tied with brent and its also fall significantlyBhai jee this crash had nothing to do with pakistan it only effects the companies in usa and canada
Yes but it would require Rupees not Dollars which we are printing at warp speed.As the raw material and the expertise is locally available. Also the existing facilities can be fully utilized. If I remember correctly ishaq dar reduced the level to 15 or 20 days it used to be 45 days..Millions of $$$ required to add even 10 days worth of capacity and also there is a holding cost so its not easy issue
But Pakistan could have benefit ted from it. it required imagination. All they had to do was do increase the strategic reserves of the country to 365 days. this would have been a massive boost to the construction industry. and the it would have come in hand in case of a crisis like war and famine. but no Imran Khan is busy collecting Chanda.
Making money is more powerful than saving money
but we don’t buy crude oil.
this is like hoarding Ganna without having a sugar mill
We buy crude from UAe and KSA. ,check video to see why and then process in pakistan
We don't buy WTI crude, we purchased from OPEC. If we don't buy crude why do we have refineries in the country?Mehr bukhari did a show on this yesterday, presenting the same logic. both Haroon Akhtar and Shahid Khaqan Abbbasi , refuted her, don’t tell me the guy in the video knows better than them
We don't buy WTI crude, we purchased from OPEC. If we don't buy crude why do we have refineries in the country?
IndeedPakistan should benefit what ever way is possible.
© Copyrights 2008 - 2025 Siasat.pk - All Rights Reserved. Privacy Policy | Disclaimer|