Pakistan government has announced a steep increase in fuel prices, raising petrol to Rs458.41 per litre and high-speed diesel to Rs520.35 per litre amid a worsening global energy crisis. The move was confirmed by Petroleum Minister Ali Pervaiz Malik and Finance Minister Muhammad Aurangzeb during a joint press conference. Read More: The government has announced […]
Pakistan fuel prices
The government has announced a significant increase in petroleum prices
The government has announced a significant increase in petroleum prices, marking the largest hike in the country’s history. In a joint press conference, Petroleum Minister Ali Pervaiz Malik and Finance Minister Muhammad Aurangzeb confirmed that petrol prices have been raised by Rs137.24 per litre, bringing the new price to Rs458.41 per litre. Similarly, diesel prices […]
Petrol subsidy for motorbikes, small vehicles likely
The government is considering providing a petrol subsidy to motorcycles and three-wheeled vehicles, with an official announcement expected soon. Under the proposal, targeted users may receive 20 to 30 liters of subsidized fuel per month. A QR code system will be used to distribute the subsidized petrol to eligible motorists. Reports indicate the federal government […]
Kerosene price raised as petrol, diesel stay unchanged
KARACHI – The federal government has increased the price of kerosene oil by Rs4.66 per litre, taking it to Rs433.40 per litre, effective March 28, according to a notification issued by the Petroleum Division. Read More: Pakistan raises fuel prices sharply as Middle East war shakes oil Despite rising global oil prices, the government decided to keep […]
PM Shehbaz Sharif rejected a proposal to significant increase in fuel prices
ISLAMABAD – Prime Minister Shehbaz Sharif has once again rejected a proposal to significantly increase fuel prices, opting instead to keep rates unchanged and protect consumers from the impact of rising global oil prices. Read More: Government releases Rs27bn to keep petrol prices lower In a televised address on Friday, the premier said the government would bear […]
No petrol price hike despite global surge: PM Shehbaz
Prime Minister Shehbaz Sharif announced that petroleum prices will not rise despite a global increase, aiming to ease public burden. This decision matters as Pakistan faces rising international oil rates following the US-Israel attacks on Iran. Citizens and businesses will benefit from price stability for petrol and diesel. The PM said timely government policies, austerity […]
Pakistan raises fuel prices sharply as Middle East war shakes oil
Pakistan’s federal government has announced a massive increase in kerosene oil prices, raising the rate by Rs130.08 per litre to Rs318.81 from the previous Rs188.73. Officials confirmed the revised price through a notification issued in Islamabad, adding that the new rate took effect immediately. The sudden jump reflects the growing pressure on energy-importing countries as […]
Middle East tensions push up fuel prices: Tarar
Federal Minister for Information Ataullah Tarar said rising tensions in the Middle East have caused an inevitable increase in petroleum product prices. Speaking in Lahore at the fourth death anniversary of former President Rafiq Tarar, he highlighted the global oil market surge. Tarar explained that escalating conflicts and geopolitical instability in the region have directly […]
Fuel prices jump as Pakistan shifts to weekly review
Pakistan’s federal government has sharply increased petrol and diesel prices and announced a shift to weekly fuel price reviews amid rising global oil costs triggered by escalating tensions in the Middle East. Speaking at a press conference in Islamabad, Petroleum Minister Ali Pervaiz Malik confirmed that petrol prices had been raised by Rs55 per litre, […]