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Browsing Tag
petrol
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…
Pakistan places first Order for Low-Price Russian Crude
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…
Cheap Russian Oil To Reach Pakistan By May
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.…
Petrol Shortage to Hit Pakistan by Next Week: Refineries
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…
Petrol Price Hike Of Rs. 35 per Liter
On Sunday, Finance Minister Ishaq Dar announced a petrol price hike of Rs. 35 per liter due to the extreme devaluation of the Pakistani rupee against the US dollar.
In his announcement regarding the petrol…
Oil Companies Warns Looming Fuel Crisis in Pakistan
After slamming Pakistan's Auto Industry, the prevailing LCs issue is embarked on hitting the oil market in Pakistan. Oil companies have warned the finance ministry, narrating the looming oil crisis in the…
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