The government has reduced the prices of petroleum products in Pakistan, bringing some relief to consumers as the revised rates take effect from September 23. According to the government notification, the price of petrol has been reduced by Rs1.70 per litre. Following the adjustment, petrol will now be available at Rs392.05 per litre across the…
The federal government has reduced the prices of petrol and high-speed diesel (HSD), providing limited relief to consumers amid continued volatility in international oil markets. Under the revised rates, the price of petrol has been reduced by Rs1.65 per litre, bringing it down to Rs389.14 per litre. The price of high-speed diesel has been cut…
Pakistan’s energy supply is facing increased pressure following disruptions to liquefied natural gas (LNG) supplies linked to the closure of the Strait of Hormuz. The situation has raised concerns about the country’s energy security and the availability and cost of fuel for power generation and industrial activities. A report presented at the Gastech conference identified…
Goods transport operators in Pakistan have announced a 7 per cent increase in freight charges following a sharp rise in diesel and petrol prices. The decision was announced in Islamabad as transport operators cited the higher cost of fuel as a major factor behind the increase. All Pakistan Goods Transport Alliance President Malik Shehzad Awan…
Gold prices in Pakistan remained at Rs451,500 per tola for 24-karat gold on September 18, 2026, according to the latest rates provided for major cities across the country. The price of 24k gold stood at Rs387,100 per 10 grams, while 22k gold was priced at Rs413,994 per tola and Rs354,842 per 10 grams. Gold remains…
Pakistan has increased the prices of petrol and high-speed diesel (HSD), with petrol now selling at Rs391.22 per litre and diesel reaching Rs421.45 per litre. The latest revision has increased the petrol price by Rs6.88 per litre, while the price of high-speed diesel has gone up by Rs5.62 per litre. The increase comes shortly after…
Pakistan’s current account deficit narrowed significantly to $98 million in August, providing some relief to the country’s external account despite continued pressure from higher oil prices and a widening trade deficit. According to data released by the State Bank of Pakistan (SBP), the current account deficit stood at $98 million in August, compared with $342…
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…
ISLAMABAD: Petrol and high-speed diesel (HSD) prices have increased in Pakistan, adding to the fuel burden on consumers amid continued volatility in international oil markets. According to a notification issued by the Petroleum Division, the price of petrol has been increased by Rs4.10 per litre, taking the new price to Rs384.34 per litre. The price…
ISLAMABAD: A recent survey has found that 91% of Pakistanis consider doing business in the country difficult, with respondents identifying taxation, limited access to financing, energy costs, regulations and corruption among the major challenges facing businesses. According to the survey conducted by the Institute of Public Opinion Research (IPOR), the complicated tax system emerged as…
