petrol prices

The Pakistan State Oil (PSO), a government-owned enterprise, experienced a significant drop of nearly 90% in its combined net earnings, amounting to Rs9.82 billion for the fiscal year ending on June 30, 2023.…

The country's auto industry is not the only sector grappling with economic uncertainties; the oil industry in Pakistan, in a surprising twist of fate, is also feeling the heat. As per the tweet of economist…

In a world of modern economies, petrol price has long been a subject of big concern. In oil-dependent countries like Pakistan, there appears to be no end to the tales of woe and misery. Every time fluctuating…

In a surprising turn of event, Pakistan has recently announced its decision to halt Russian oil imports. And now, cheap Russian oil remains a dream. This decision has sent shockwaves through global energy…

In a recent news conference, Finance Minister, Ishaq Dar, made a major announcement regarding the prices of petroleum products. As per the latest changes, the government has decided to increase the prices of…

During a press conference in Lahore, Musadik Malik, the state minister for Petroleum, declared that the federal government has implemented a policy for bonded bulk storage in order to tackle the problem of…

Finance Minister Ishaq Dar announced the new petrol prices which are unchanged and is exactly equal to the previous one. Addressing the nation in a televised speech, the minister highlighted the government’s…

Fuel prices in Pakistan are expected to undergo potential fluctuations in the second half of June 2023. These changes could have significant implications for consumers and industries across the country. The…

After two consecutive cuts in petrol prices, the federal government is a victor till date. But unfortunately, this win in terms of lowering the fuel prices is near to die soon. Suffice it to say, the incumbent…

In an effort to provide much-needed relief to the public, and as speculated earlier, Finance Minister Ishaq Dar announced a significant reduction in fuel prices. Addressing the nation in a televised speech, the…

Besides the Rupee devaluation, back-to-back increase in petrol prices has been another reason for burgeoning inflation in Pakistan. The incumbent government’s not well-thought economic strategies regarding…

Where a parallel increase in fuel price and back-breaking have made considerable dent to the daily life of a common man, the incumbent government has also observed a major slump in its political capital in the…

In a bid to facilitate the general public, the incumbent government finalized the oil deal with Russia. Media reports have revealed that first-ever Russia oil consginment will reach Pakistan by next month.…

As the petrol prices went down in the global market, it is expected that the incumbent government is planning to trickle down its effect to inflation-stricken middle-class men – to bring some relief in Petrol…

Following the Rupee devaluation, back-breaking inflation, price hikes, petrol shortage could be another curse we can face very soon. It’s been days; we are reporting the looming issue consistently. Even…