Petroleum Minister Ali Pervaiz Malik said the government will review international oil price indicators this week before deciding petrol and diesel prices. The assessment will determine whether further relief can be passed on to consumers. The review comes as global fuel markets continue to fluctuate. Malik said the government is not giving preference to any […]
Petroleum Ministry
Notification on social media about a reduction in fuel prices, declared fake by authorities
ISLAMABAD: A notification circulating on social media claiming a sharp reduction in fuel prices has been declared fake by authorities, as confusion spread among the public over alleged changes in petroleum rates. Read More: Govt begins disbursement of fuel subsidy through digital wallets The viral document falsely claimed that petrol prices had been reduced by Rs78 per litre to […]
Petrol prices static for next 15 days
For the next fifteen days, the government has announced that fuel prices would remain constant. “Prime Minister Imran Khan has decided to retain the pricing of petroleum goods as they were on May 17th, 2021,” according to a statement released by the Petroleum Ministry. Since April 16, 2021, the government has maintained petroleum product prices […]
OGRA moves summary for POL price hike
ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) on Sunday moved a price-revision summary of the petroleum products to the quarters concerned for the next fortnight starting from June 1. As per the summary, the authority has recommended an increase of Rs 4.30 in per liter price of High Speed Diesel, a slight upward adjustment in […]