The Pakistan Petroleum Dealers Association (PPDA) on Wednesday announced to go on a nationwide strike on November 25th to register their protest against low-profit margins. While talking to media, PPDA’s Secretary Noman Butt said all petrol pumps will close at 6 am on Thursday for an indefinite period across the country, including Gilgit-Baltistan and […]
increase in petroleum prices
Petrol price hike by govt challenged in LHC
On Saturday a petition was filed in the Lahore High Court (LHC) against the recent hike in the petroleum products’ prices by the government. Nominating the central government and the Ministry of Energy as respondents, the petition expressed apprehension that with the increase in the cost of petroleum, the prices of allied items would also increase. The […]
CJP orders stakeholders to reduce petroleum prices
ISLAMABAD: Chief Justice of Pakistan (CJP) Saqib Nisar on Thursday ordered concerned authorities and stakeholders to reduce prices of petroleum products. CJP heading a three-member bench comprising of Justice Ijazul Ahsan and Justice Umar Ata Bandial heard a case pertaining to price hike in petroleum prices. Nisar during the hearing said directed the stakeholders to […]
Interim government notifies hike in petroleum prices
ISLAMABAD: The Federal Interim government on Sunday issued a notification of an increase in petroleum prices. According to the notification, the petroleum price will see a surge of Rs7.54 which sets the 1 litre petrol at 99.55 rupees. An increment of Rs0.36 in kerosene oil is notified by the government. The new price of kerosene oil is 87.70 […]