Pakistan’s government on Friday announced a sharp reduction in petroleum prices, cutting petrol by Rs74 per litre and high-speed diesel by Rs67 per litre. The decision was taken to pass on the benefit of declining global oil prices to consumers. The move is expected to ease inflationary pressure on households and transport costs nationwide. According […]
petrol price Pakistan
Petrol prices to drop up to Rs59: Dar
Deputy Prime Minister and Foreign Minister Mohammad Ishaq Dar has said that petroleum product prices in Pakistan are expected to decrease by up to Rs59. He indicated that a working plan for a significant reduction in fuel rates is currently under consideration. The statement suggests potential relief for consumers amid ongoing economic pressures. Speaking informally […]
Petrol prices may drop soon: minister
Petroleum Minister Ali Pervaiz Malik has indicated that relief in petroleum product prices may soon be announced, signaling possible reductions for consumers. His remarks come amid a decline in global crude oil prices and easing tensions in international energy markets. Speaking to local media, the minister said the public had already faced financial pressure due […]
Fuel prices surge after levy hike
Pakistan has sharply increased fuel-related taxes and margins, pushing petroleum prices higher and adding pressure on consumers and businesses. The development is significant as it directly fuels inflation and raises transport and commodity costs nationwide. Households, transport operators, and industry players are expected to bear the impact of the latest revision. The government has raised […]
Petrol prices rise due to Middle East war, says Sanaullah
Prime Minister’s Adviser Rana Sanaullah said on Friday that petrol and diesel price hikes result from the Middle East war. He added that the Pakistani government “has nothing to do with it,” affecting motorists, farmers, and transporters nationwide. Sanaullah stressed that global oil shocks forced the unprecedented 43% and 55% increases in petrol and high-speed […]
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 […]