Pakistan Petrol Consumption Rises 3.5% in FY 2026 Despite High Prices
Transport sector leads demand surge as imports and energy costs climb amid global oil volatility
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Transport sector leads demand surge as imports and energy costs climb amid global oil volatility
Continue ReadingIslamabad, March 24, 2026 – Prime Minister Shehbaz Sharif has imposed an immediate ban on the use of high-octane petrol in government vehicles as part of sweeping austerity measures aimed at reducing fuel expenditures amid the ongoing energy crisis.
Continue ReadingIslamabad, March 16, 2026 – Pakistan currently has comfortable stocks of crude oil and petroleum products, with supply arrangements secured until mid-April, according to officials briefing the government’s petrol monitoring body on Monday.
Continue ReadingIslamabad, March 16, 2026 – Pakistan imports nearly 70 percent of its petrol through the Strait of Hormuz, making the country highly dependent on the strategic maritime route for fuel supplies, the Senate Standing Committee on Petroleum was informed on Monday.
Continue ReadingIslamabad, March 9, 2026 – In a decisive move to shield Pakistan from the cascading effects of the ongoing Middle East conflict, Prime Minister Shehbaz Sharif announced sweeping austerity measures aimed at conserving fuel and curbing government expenditures.
Continue ReadingIslamabad, March 8, 2026 — Shehbaz Sharif, Prime Minister of Pakistan, is set to unveil the government’s austerity and savings plan on Monday, aimed at stabilizing the national economy amid rising global fuel prices caused by the ongoing US-Israel-Iran conflict.
Continue ReadingLahore, March 8, 2026 — Muhammad Aurangzeb, Pakistan’s Minister for Finance and Revenue, on Sunday met Maryam Nawaz, Chief Minister of Punjab, Pakistan, to review the supply, demand, and reserves of petroleum products across the province amid the evolving regional situation.
Continue ReadingKarachi, March 8, 2026 – Pakistan is set to receive three petrol shipments on Monday, March 9, 2026, officials confirmed during a high-level meeting chaired by Syed Murad Ali Shah with federal ministers on Sunday.
Continue ReadingIslamabad, March 5, 2026 – A high-level meeting of the Committee formed to monitor petrol prices and energy supply in light of the evolving regional situation was held on Thursday under the chairmanship of Finance Minister Muhammad Aurangzeb at the Finance Division. The committee was constituted by Prime Minister Shehbaz Sharif to assess developments in […]
Continue ReadingIslamabad, March 4, 2026 – The Oil and Gas Regulatory Authority (OGRA) on Wednesday dismissed concerns about a fuel crisis, assuring citizens that Pakistan has sufficient stocks of petrol and diesel and that there is no shortage of petroleum products in the country.
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