–PM Shehbaz Sharif announced a major cut in petroleum prices, reducing diesel by Rs135 and petrol by Rs12 per litre to pass on relief from falling global oil prices Aftab Maken ISLAMABAD: Prime Minister Shehbaz Sharif on Friday announced a significant reduction in petroleum product prices, citing a decline in …
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The government has announced a significant hike in the prices of petroleum products. According to the new rates, petrol will now cost Rs 428.40 per liter, while diesel has been increased to Rs 520.35 per liter. Addressing a press conference, Petroleum Minister Ali Pervez Malik stated that the ongoing war …
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–Govt rejects fuel price hike, absorbs Rs56bn burden to shield consumers amid global oil volatility Aftab Maken ISLAMABAD: The government has decided to keep petroleum prices unchanged and will bear an additional Rs 56 billion burden, Prime Minister Shehbaz Sharif said in a national address on Friday. The move follows …
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Aftab Maken ISLAMABAD: Pakistan raises petrol and diesel prices for 15 days from March 1, citing OGRA recommendation amid global oil volatility. The government of Pakistan increased petrol and diesel prices from March 1, raising petrol by Rs8 per litre to Rs266.17, according to a notification issued by the Petroleum …
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Aftab Maken ISLAMABAD: Consumers in Pakistan are bracing for yet another increase in fuel prices starting February 16, 2026, as industry sources and preliminary calculations point to upward adjustments in petroleum product rates. This comes amid ongoing pressures from global oil prices, exchange rate fluctuations, and domestic fiscal considerations. According …
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Aftab Maken ISLAMABAD: The federal government has formally launched the process for appointing a new chairman of the Oil and Gas Regulatory Authority (OGRA), inviting applications from qualified candidates within the next 15 days. The Cabinet Division has issued a public call for applications, marking the start of a key …
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Aftab Maken ISLAMABAD: It was a chilly morning in Islamabad when, on January 15, 2026, the Ministry of Energy (Petroleum Division) issued a press release. The announcement stated that for the next fortnight starting January 16, the prices of petrol and high-speed diesel would remain exactly the same as they …
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Aftab Maken ISLAMABAD: Pakistani consumers may soon enjoy additional relief at the pumps as petroleum product prices are poised for another reduction starting January 16, 2026. This follows a significant cut implemented at the beginning of the year, driven by declining global crude oil prices and a relatively stable Pakistani …
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Aftab Maken ISLAMABAD: The 12th meeting of the National Assembly Standing Committee on Petroleum, chaired by Syed Mustafa Mehmood, reviewed significant developments in the gas and LNG sector, with Federal Minister for Petroleum Ali Pervaiz Malik highlighting major reforms and consumer relief measures. The Federal Minister informed the Committee that …
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BeNewz Report ISLAMABAD: As Pakistan ushers in the New Year, citizens have received a blend of relief and burden on the fuel front. The federal government has announced a significant reduction in the prices of petrol and high-speed diesel, providing much-needed respite to motorists and transporters amid fluctuating global oil …
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