BeNewz Report ISLAMABAD: The Govt has increased petrol and high-speed diesel prices on Wednesday under its new daily pricing mechanism, citing volatility in global oil markets driven by renewed hostilities in the Persian Gulf. The Govt on Wednesday raised the prices of petrol and high-speed diesel (HSD) as it passed …
Read More »Fuel dealers suspend strike for 2 weeks
Aftab Maken ISLAMABAD: Pakistan’s petroleum pump owners suspended a planned nationwide strike for two weeks after the government pledged to address their concerns over dealer margins and the newly introduced daily fuel pricing mechanism. Pakistan’s petroleum pump owners on Wednesday suspended a planned nationwide strike for two weeks after the …
Read More »PSO suspected fuel stocks manipulation under investigation
Aftab Maken ISLAMABAD: Authorities have launched an investigation of State-run-Monopoly–PSO–into suspected manipulation of nearly 300,000 metric tonnes of petroleum stocks across multiple depots, with OGRA enforcement teams conducting nationwide inspections. An investigation is underway into the suspected manipulation of nearly 300,000 metric tonnes (MT) of petroleum stocks through alleged irregular offtake …
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