furnace oil price rises by about rs 2000 per

KARACHI: The price of furnace oil used in the production of electricity in Pakistan has increased by about Rs 2000 per tonne to reach Rs 37400 per tonne.A rise in global crude oil prices has affected the otherwise consistently falling price of furnace oil. According to experts, the constant falling price of furnace oil during October to December last year attributed to the reduction of cost of electricity production by Rs 3. The relief is being passed on to consumers gradually by the government.