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….
The Punjab government has approved plans to expand its free public transport programme to 17 districts, aiming to provide relief to commuters amid rising fuel prices. The decision was taken during a meeting chaired by Chief Minister Maryam Nawaz Sharif, where officials reviewed the impact of increasing oil prices on transport fares. Under the plan,…
A heated debate erupted in the National Assembly of Pakistan over the recent increase in fuel prices, highlighting growing concerns about inflation and economic pressure on citizens. Opposition members strongly criticised the government, arguing that rising petrol and diesel prices have significantly increased the cost of living. They pointed out that inflation is already high,…
The Government of Pakistan is considering implementing a smart lockdown strategy as part of its efforts to address the ongoing fuel and energy crisis. The proposed approach aims to reduce fuel consumption through targeted measures while avoiding a complete shutdown of daily activities. Unlike strict nationwide lockdowns, a smart lockdown focuses on limited and strategic…
The Government of Pakistan is introducing a modern, technology-driven fuel subsidy system aimed at improving transparency, efficiency, and targeted distribution of relief to citizens. This new initiative marks a significant shift from traditional manual processes to a fully digital mechanism. Under the new system, approximately 24,000 petrol stations across the country will be equipped with…
Electric bike sales are witnessing a major surge across Pakistan as rising fuel prices continue to impact daily commuting costs and consumer behavior. With petrol prices increasing steadily, many people are shifting towards electric bikes as a cost-effective alternative. These bikes offer significantly lower running costs compared to traditional fuel-powered motorcycles, making them an attractive…
