Pakistan’s oil refineries sector has come under severe financial strain, reporting losses of approximately Rs24 billion in April 2026 amid changing pricing formulas, capped margins, and rising import-related costs. Industry stakeholders say the revised diesel pricing mechanism has significantly distorted returns and pushed refineries toward unsustainable operations. Read More: US sanctions Chinese refinery over Iran ties […]
petroleum pricing
Pakistan reviews fuel pricing system amid uncertainty
Islamabad – Pakistan fuel supply system is facing renewed uncertainty as the government considers major changes to the current weekly pricing mechanism for petroleum products. Officials say the review comes at a time of heightened volatility in global markets, driven by rising tensions around the strategically critical Strait of Hormuz. Read More: Pakistan adopts calibrated approach […]