Petrol
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…
Govt Cuts Petrol and Diesel Prices
The federal government has announced a reduction in petroleum product prices, cutting petrol by Rs4 per litre and high-speed diesel by Rs2 per litre effective…
Petrol Likely to Become Costlier as Govt Plans to Double Carbon Levy
Consumers may face higher fuel prices from July 1, 2026, as the federal government is considering a proposal to double the carbon levy on petroleum…
Fuel Shortage Crisis in Quetta as Petrol Pumps Run Dry Across City
Fuel shortages in Quetta have intensified, leaving residents struggling as long queues form at limited operational petrol stations across the provincial capital. Most petrol pumps…
Govt Plans to Collect Rs 10,780 Billion in Petroleum Surcharge Over 5 Years
The federal government has formally planned to collect Rs 10,780 billion from citizens through petroleum surcharges over the next five years, official documents reveal. The…
Govt Forms Budget Committee to Recover Rs. 72 Billion From Oil Companies
The federal government has constituted a high-level committee to examine major fiscal matters and prepare recommendations for Prime Minister Shehbaz Sharif ahead of the announcement…
Petroleum Levy Revenue Surpasses Combined Value of Two IMF Loan Packages
Pakistan collected Rs2.725 trillion ($9.8 billion) in petroleum levy between April 2024 and March 2026, official data confirmed, exceeding its combined IMF loan value by…
KP Petrol Scheme Pays Rs100 Instead of Rs2,200
The Khyber Pakhtunkhwa (KP) government launched the Ehsaas Motorcycle Relief programme, allocating Rs3 billion to support an estimated 1.6 million motorcycle owners across the province.…
Petrol and Diesel Price Surge: Pakistan vs Global Trends
Petrol and diesel prices in Pakistan have recorded a steep rise over the past 2.5 months, following the outbreak of the US-Iran war, according to…
Rs. 12 Billion Petrol Investment Fraud Uncovered in Islamabad
A man named Adil Akram has been arrested in connection with an alleged Rs 12 billion petrol investment fraud operating across Islamabad and Rawalpindi. Investors…
Where Consumers Can Access Discounted Petrol in Pakistan
Fuel prices in Pakistan have surged sharply, with petrol reaching around Rs400 per litre and high-octane fuel climbing between Rs500 and Rs600 in several regions.…
