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Browsing Tag
petrol
In a move that will bring much-needed relief to consumers, the federal government has announced a significant reduction in the petrol price in Pakistan.
New Petrol Price
Petrol price has been slashed by Rs.…
Petrol Price Is Likely to Drop by Rs. 5.50/L
After observing two consecutive crude shocks, the government is anticipated to bring a relief for inflation-stricken masses from August 1, 2024 to the next fortnight.
As per the reports, petrol price may…
Petroleum Sales in Pakistan Reach 18-Year Low
With the time, it seems that the country’s political intelligentsia is unable to set things right in term of prevailing economic chaos and its effects on a business and middle-class men. In a recent update,…
Petrol Prices Are Likely to Surge by Rs. 7/L
Finally, here comes an end to a consecutive downtrend featuring four reductions in petrol prices in Pakistan. Media reports have revealed that the incumbent government is gearing up to increase fuel prices by…
A New Petrol Tax Proposed to Appease IMF
In a move that seems as rare as a solar eclipse, the government of Pakistan might have come up with a new idea: imposing a carbon tax on petrol. As per the reports, the move is a simple an attempt to address…
Petrol Price May Increase Before General Elections
As Pakistan gears up for the general elections scheduled for February 8, there are concerns about a potential increase in petrol price across the country. As per media reports after a series of consecutive…
Petrol price In Pakistan May Decrease Amid Rupee Surge
In the world of modern economies, fuel prices always cascade repercussions on living costs, so is in Pakistan. Suffice it to say, petrol price in Pakistan is intricately linked to global oil prices, and as…
PSO Annual Profit Plummets by 90%
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.…
Govt Earns Rs. 75 billion From Petrol Levy Last Month
In a recent development, the Government of Pakistan announced that it successfully collected a substantial amount of Rs. 75 billion from the Petrol Levy (PDL) in July 2023. This accomplishment, although in line…
Pakistan Halts Russian Oil Imports
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…
Petrol Dealers Secure Margin Increase: Strike Called Off
As per the latest news, the government and petrol pump owners have reached an agreement that led to the cancellation of a planned strike. The dealers had threatened to shut down operations to protest the…
Petroleum Sales in Pakistan Reaches Historic Low
The country’s car industry is not the only sector facing the worst; the prevailing economic fuss has also walloped the oil industry. Petroleum sales in Pakistan is dwindling consistently. The fiscal year 2023…
Determining Your Car’s Full Fuel Tank Price
As petrol prices experience a welcome decrease, car owners are keen to understand how this change will impact their wallets when filling up their fuel tanks. The new prices, reduced by Rs. 8, have provided a…
Are Petrol Cars Better Than EVs In Affordability? – A Study
The automotive landscape is evolving, but the transition to EVs and greener technology faces a significant hurdle: the longer lifespan of internal-combustion cars. Recent data from S&P Global Mobility…
Major Cities May Face Fuel Shortage Amid Riots
Where the historic riots have erupted around the country after paramilitary forces arrested PTI’s Chairman, major cities of Pakistan may face fuel shortages. As the law and order situation seems worse, oil…
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