LPG Pricing Gaps Raise Market Concerns as Official and Retail Rates Diverge

ISLAMABAD: Pakistan’s authorities have identified significant gaps in the existing liquefied petroleum gas (LPG) pricing mechanism, with officials warning that the current formula is creating market distortions and widening the difference between notified and actual consumer prices. The issue was discussed during a meeting of the National Price Monitoring Committee (NPMC), where the Oil and…

Read Full News

Petrol Price Rises to Rs341.98, Diesel Reaches Rs370.69 per Litre

ISLAMABAD: The federal government has increased the prices of petrol and high-speed diesel once again, adding further pressure on consumers, transporters and businesses across Pakistan. The Oil and Gas Regulatory Authority (OGRA) has issued a notification announcing the latest adjustment in petroleum prices. The revised rates will take effect from August 25. According to the…

Read Full News

Petrol Price Cut in Pakistan, Diesel Gets More Expensive From August 12

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…

Read Full News

Daily fuel pricing to boost transparency, curb market abuse: Ali Pervaiz Malik

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…

Read Full News