Pakistan decides not to reduce petroleum prices from June 27, 2026
Government keeps petrol and diesel prices unchanged despite continued decline in international oil markets
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Government keeps petrol and diesel prices unchanged despite continued decline in international oil markets
Continue ReadingBrent crude drops below $73 per barrel, fuelling expectations of another reduction in petrol and diesel prices
Continue ReadingGovernment passes on benefits of lower global oil prices as petroleum prices see one of the biggest cuts in recent years ISLAMABAD: The federal government on Friday announced a major reduction in petroleum prices, cutting the price of petrol by Rs74 per litre and high-speed diesel (HSD) by Rs67 per litre in a move aimed […]
Continue ReadingPetrol and diesel prices set for major reduction as global oil markets ease following US-Iran peace agreement
Continue ReadingIncreased levy on petrol limits consumer benefit despite Rs4 per litre reduction in ex-depot prices, while kerosene rates rise sharply. The federal government has effectively denied consumers full relief from lower fuel prices by significantly increasing the petroleum levy on petrol, despite announcing a reduction in the ex-depot price for the coming week.
Continue ReadingHigher diesel levy absorbs part of global oil price decline as government prioritizes revenue collection ahead of budget The government has retained a substantial share of the benefit from lower international oil prices by raising the petroleum levy on high-speed diesel (HSD), limiting the relief passed on to consumers despite a sharp decline in global […]
Continue ReadingGovernment cuts fuel prices for second consecutive week as Pakistan prepares for Eid-ul-Adha holidays Pakistan on Friday reduced petrol and diesel prices ahead of Eid-ul-Adha 2026, offering relief to consumers amid recent volatility in global oil markets and regional tensions affecting energy supplies.
Continue ReadingGovernment cites Middle East tensions, Strait of Hormuz disruptions and rising crude prices as reasons behind petroleum price increase The government on Thursday defended the recent increase in petroleum prices, citing escalating tensions in the Middle East, disruptions in global supply chains and rising international crude oil prices linked to instability around the Strait of […]
Continue ReadingFCCP suspends Sindh High Court order directing subsidy payments to petroleum company, issues notices and seeks complete case record The Federal Constitutional Court of Pakistan on Thursday suspended a ruling by the Sindh High Court that had directed the payment of subsidies to a private petroleum firm, while admitting the federal government’s appeal for a […]
Continue ReadingWeekly fuel price review lowers petrol to Rs409.78, diesel to Rs409.58 per litre Ministry of Energy on Friday reduced petroleum prices by Rs5 per litre each in the latest weekly review, providing relief to consumers after sharp increases in the previous adjustment.
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