petrol prices

The recent petroleum shortage across the country has led to rising concerns, needed to be dealt in a swift manner. One way in which the government is likely to fix the situation is to end the uniform pricing…

Covid-19 is changing the global economy rapidly and the petroleum sector has also seen its adverse effects on its products. Petroleum prices have decreased by a huge margin ever since the start of this…

The year 2019 turned out to be a nightmare for the local auto sector as well as its consumers as it witnessed a massive rise of 25.3% in the prices of petroleum products in the country. During the period…

The Federal Government has delayed the decision to increase the prices of petroleum products. The petrol prices were supposed to be jacked up from 1st May 2019, according to a summary. This was announced by …

The Federal Government of Pakistan has reduced the prices of petroleum products by up to PKR 0.73 per litre. On 31 January 2019, the Minister of Finance issued a notification in this regard as well.  The…

The Federal Government of Pakistan is reportedly increasing the prices of petroleum by up to PKR 15 in the country, reports a local media outlet. According to the media reports, International Monetary Fund…

The government might bump the prices of petroleum products in the country by up to PKR 13 per liter, reports a local media outlet. The new prices will come into effect in November 2018 and the main reason…

A few days back, the government gave hint to bump the prices of petroleum products in the coming days, reports a local media outlet. The current Finance Minister of Pakistan, Asad Umar, while speaking to the…

On the order of Prime Minister of Pakistan, Imran Khan, the prices of the petroleum products in the country will remain unchanged for October 2018. While speaking to the media, Finance Minister, Asad Umar,…

Petrol prices in the country are likely to surge by PKR 6.30 from the next month, reports a local media outlet. While announcing the amendments in the current budget 2018-19, the Finance Minister, Asad Umar,…

On Thursday 30 August 2018, Oil and Gas Regulatory Authority (OGRA) recommended to the government to reduce prices of petroleum products by up to PKR 6. As per the recommendation, the authority has proposed…

In a statement issued by the Ministry of Finance on Wednesday, 1st August 2018, it's stated that the authorities have decided not to change the prices of petroleum products for the month of August. A few…

Supreme Court of Pakistan (SC) shows discontent over high taxes on petroleum products in the country, reports a local media outlet. Since the beginning of 2018, the previous and the current interim…

Mian Misbah-ur-Rehman, Federal Minister for Commerce and Industries, has argued in favour of the price hike of petroleum products and defended the government’s stance on increasing the price. Both the…

The continuous rupee devaluation might cause a rise in petrol prices by up to PKR 4 per litre, once again. Just a few weeks back, the Caretaker Government, for the first time this year, decreased the prices…