The federal government has announced a mixed adjustment in petroleum prices, reducing the petrol price in Pakistan while increasing the price of high-speed diesel. The revised rates will take effect from August 12, 2026, under the government’s petroleum pricing mechanism. According to the latest notification, petrol has become cheaper by Rs1.70 per litre, bringing its…
Federal Petroleum Minister Ali Pervaiz Malik has said that Pakistan’s transition to a daily petroleum pricing mechanism will improve transparency, eliminate opportunities for market manipulation, and establish a more competitive, consumer-friendly fuel pricing system. Speaking during a meeting with key stakeholders from the petroleum industry, the minister described the reform as a major step towards…
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,…
The Government of Pakistan has announced a fresh reduction in petrol prices, providing much-needed relief to consumers across the country. According to a notification issued by the Ministry of Energy’s Petroleum Division, the price of petrol has been reduced by Rs4 per litre for the next fortnight. Following this adjustment, the new petrol price stands…
Pakistan is once again facing a sharp increase in Iranian fuel smuggling as illegal petroleum products continue entering the local market through border regions. The renewed inflow comes during a period of rising global oil prices and continued uncertainty caused by disruptions linked to the Strait of Hormuz crisis. According to reports, domestic refineries including…
Pakistan’s Petroleum Division has proposed major relief measures for fuel consumers in its recommendations for the federal budget 2026-27, including reducing the petroleum levy target to Rs1 trillion and lowering the levy on petrol and diesel to Rs50 per litre while international oil prices remain high. According to reports, the recommendations have been submitted to…
Pakistan’s major opposition parties are preparing separate protest campaigns against the government over inflation, governance failures, and economic pressure on the public, exposing deep divisions within the opposition alliance landscape. According to reports, opposition groups including Tehreek-e-Tahafuz Ayeen-e-Pakistan (TTAP), Jamiat Ulema-e-Islam (F) and Jamaat-e-Islami have announced independent protest plans instead of joining a united anti-government…
Inflation in Pakistan has surged to 10.9% in April, marking its highest level in nearly two years, according to data released by the Pakistan Bureau of Statistics. The sharp increase has been largely driven by rising fuel prices, higher taxes and ongoing global economic disruptions. The latest figures show that inflation has returned to double…
Pakistan has witnessed a significant increase in fuel prices as the government raised petrol and high-speed diesel (HSD) rates by Rs26.77 per litre, effective from April 25, 2026. The revised petrol price now stands at Rs393.35 per litre, while diesel has reached Rs380.19 per litre, reflecting a sharp rise driven by global oil market volatility….
Leaders of Tehreek Tahaffuz Aain-e-Pakistan (TTAP) have strongly criticised the government’s economic policies, raising concerns over rising inflation, fuel pricing and worsening electricity outages across the country. Speaking at a press conference, Salman Akram Raja said Pakistan was facing extremely challenging economic conditions, with ordinary citizens—especially low-income groups—struggling to meet daily expenses. He questioned the…
