Petroleum prices are set for major changes starting August 16, 2025. Optimus Capital Management, using OGRA data, predicts a significant diesel price cut. High-Speed Diesel (HSD) will drop by Rs12.91 per litre, lowering the ex-depot rate to Rs272.92 from Rs285.83. This drop comes after the ex-refinery price fell sharply from Rs183.57 to Rs170.66 per litre. […]
high-speed diesel (HSD)
Govt to tighten fuel supply rules between refineries and OMCs
In a bid to resolve long-standing tensions over petroleum supply, the government is drafting a legally binding framework to regulate agreements between oil marketing companies (OMCs) and local refineries. The initiative is aimed at ensuring compliance in fuel upliftment and reducing dependence on imports, particularly of high-speed diesel (HSD). According to sources, the proposed plan […]