Government Slashes Petrol and Diesel Prices, Providing Major Relief to Consumers

The federal government has announced a substantial reduction in the prices of petrol and high-speed diesel, offering significant relief to consumers, transporters, and businesses across Pakistan. According to a notification issued by the Petroleum Division, the price of petrol has been reduced by Rs74.28 per litre, bringing the new price to Rs299.50 per litre. Meanwhile,…

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Diesel Price Cut May Cause Rs100 Billion Loss for Pakistan’s Oil Sector

Pakistan’s oil industry has raised serious concerns over the recent sharp reduction in diesel prices, warning that it could lead to inventory losses exceeding Rs100 billion. While the price cut has brought immediate relief to consumers, including farmers, transporters, and households, it has created significant financial pressure on oil marketing companies (OMCs) and fuel dealers….

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National Assembly Adjourned as Opposition Protests Fuel Price Hike

The National Assembly of Pakistan was adjourned after opposition lawmakers staged a strong protest against the recent surge in fuel prices, preventing the House from conducting any scheduled business. The session, held in Islamabad, was set to cover a 90-point agenda, including the question hour, legislative bills, and policy discussions. However, proceedings were disrupted before…

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Pakistan Government Limits Fuel Price Increase Amid Global Oil Market Turmoil

The Government of Pakistan has managed to limit the increase in petrol and diesel prices despite rising pressure from global oil markets. Officials revealed that the decision required careful planning and coordination as international petroleum prices continue to surge due to geopolitical tensions. According to Pakistan’s defense minister, authorities had been working for several weeks…

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