Pakistan Revenue
ISLAMABAD: The government has announced a significant increase in petrol and high-speed diesel (HSD) prices, citing a sharp surge in international oil markets driven by escalating regional tensions.
Continue Reading
Islamabad, April 24, 2026 – The government of Pakistan has announced a significant increase in fuel prices, raising petrol and high-speed diesel (HSD) rates by Rs26.77 per litre for the upcoming week, according to an official notification issued by the Ministry of Energy.
Continue Reading
ISLAMABAD, April 20, 2026 — Pakistan’s economy remains vulnerable to rising global oil prices triggered by the ongoing Middle East conflict, Federal Minister for Planning, Development and Special Initiatives, Professor Ahsan Iqbal, said on Monday, warning of increased pressure on the country’s external sector despite improving domestic economic indicators.
Continue Reading
Oil prices plunged on Friday after Iran declared the Strait of Hormuz “completely open” for shipping during a ceasefire with Israel and Lebanon, easing fears of prolonged supply disruptions from one of the world’s most critical energy chokepoints.
Continue Reading
ISLAMABAD, April 17, 2026 — Pakistan reduced diesel prices on Friday following a sharp drop in global oil markets after Iran announced the reopening of the Strait of Hormuz, a key global energy shipping route, officials said.
Continue Reading
ISLAMABAD, April 13, 2026 – Prime Minister Shehbaz Sharif on Monday chaired a high-level meeting to review Pakistan’s petroleum product reserves amid heightened regional tensions, directing authorities to maintain strict monitoring of oil consumption and supply levels.
Continue Reading
Oil prices surged above $100 a barrel on Sunday after diplomatic efforts between the United States and Iran broke down, raising fears of a major disruption to global energy supplies.
Continue Reading
ISLAMABAD- Around 29% of the retail price of petrol in Pakistan consists of taxes, levies and distribution margins, according to industry calculations following the latest fuel price revision announced by the government.
Continue Reading
ISLAMABAD, April 10 – Prime Minister Shehbaz Sharif on Friday announced a sharp reduction in fuel prices, slashing the cost of high-speed diesel by Rs135 per litre and petrol by Rs12 per litre, in a move aimed at providing relief to consumers amid easing global oil prices.
Continue Reading
Karachi – Petroleum dealers in Pakistan have called for an immediate increase in their sales commission, warning of a nationwide shutdown of fuel stations if the government fails to address rising operational costs that are squeezing profit margins.
Continue Reading