Petrol
Govt Approves Rs. 75 Billion for Petrol Relief Scheme
The Economic Coordination Committee (ECC) of the federal cabinet has approved Rs. 75 billion for the Prime Minister’s Fuel Relief Scheme to provide targeted financial…
Diesel Price Set to Drop by Rs30 as Refineries Agree to Relief
The federal government is set to reduce the price of diesel by more than Rs30 per litre after oil refineries agreed to provide relief following…
Petrol Dealers Call Off Nationwide Strike After Govt Offers Margin Hike
The Pakistan Petroleum Dealers Association has postponed its nationwide strike after the government assured an increase in dealers profit margins, PPDA Chairman Malik Khuda Baksh…
Petrol and Diesel Taxes in Pakistan: New Details Reveal What You’re Really Paying
Consumers in Pakistan are paying significantly more than the actual cost of petrol and high-speed diesel (HSD) due to a heavy burden of levies, taxes,…
Islamabad Petrol Station Sealed Over Fuel Fraud Claim
Islamabad authorities sealed a petrol station in the I-9 sector and arrested its manager after a customer accused the outlet of overfilling a vehicles fuel…
Daily Fuel Price Formula Introduced: Here Is How It Will Work
Pakistan has overhauled its petroleum pricing mechanism, moving to daily, market-linked fuel prices while imposing stricter compliance conditions on oil marketing companies (OMCs) tied to…
Federal Govt Empowers OGRA to Set Fuel Prices Daily
Petroleum Minister Ali Pervaiz Malik announced on Friday that fuel prices will now be revised daily, citing volatility in international oil markets driven by renewed…
Petrol and Diesel Prices Set for a Huge Increase Today
High-speed diesel (HSD) price may rise by up to Rs40 per litre and petrol by around Rs10 per litre from July 18 at 12.10am, in…
Oil Companies Sound Alarm Over Looming Petrol Shortage
Oil marketing companies have warned that petrol reserves in Pakistan have dropped to a level sufficient for only 15 days, and have urged the government…
Govt Delays Oil Payments as Billions in Fuel Claims Face Audit
The federal government owes oil marketing companies over Rs.71.49 billion in unpaid petroleum claims following its decision to freeze national fuel prices and absorb the…
Climate Levy on Petrol and Diesel Doubled Under IMF Condition
The federal government has doubled the Climate Support Levy on petrol and high-speed diesel (HSD) from Rs2.50 to Rs5 per litre, in compliance with a…
Federal Govt Notifies New Fund to Stabilise Petrol Prices
The federal government has notified a new head of account to establish the Petroleum Prices Stabilisation Fund, aimed at cushioning consumers against sudden fuel price…
Govt Announces Massive Drop in Petrol and Diesel Prices
The federal government has slashed petrol and diesel prices sharply after a notable decline in international crude oil rates, delivering major financial relief to millions…
