The federal government is set to announce a major shift in fuel pricing policy, moving from weekly to daily adjustments in petroleum product rates. A formal announcement on the change is expected later today.
The move will replace the current system, under which prices are revised once a week, with a mechanism that adjusts rates on a daily basis in line with global market fluctuations. According to sources familiar with the development, the shift is aimed at bringing greater transparency and responsiveness to domestic fuel pricing.
The pricing announcement comes as authorities in Multan crack down on fuel dealers accused of engineering an artificial shortage in the city. The district administration launched raids on multiple pumps, deploying assistant commissioners alongside the Para Force and civil defence personnel to inspect stock levels, supply chains, and measuring equipment.
More than 10 petrol pumps were sealed after violations were uncovered during the operation. The Deputy Commissioner stated that the district holds sufficient petrol reserves and assured residents that the fuel supply would not be disrupted.
Officials have ordered cases to be registered against dealers found responsible for creating artificial shortages or disrupting supply chains. The administration has also begun continuous monitoring of stock and sales at petrol pumps across the district to prevent further disruptions.
