Furnace oil prices raised

KARACHI (Azhar Ali Khan): Local producers and importers have raised furnace oil prices in the wake of strengthening international crude, ARY News reported Monday.

Dealers informed the channel that the prices of imported furnace oil have increased by Rs1548 to Rs49800 per ton. Similarly, the locally produced furnace oil has become costlier by Rs1583 to Rs53500 per ton.

Dealers have attributed recent price spike of furnace oil to the increasing international crude oil prices.