OGRA Increases Petrol and Diesel Prices Under Daily Fuel Revision Formula
OGRA raises petrol and high speed diesel prices following international crude surges and daily fuel price revision mechanism implementations.
Federal Government Slashes Local Fuel Prices for Start of Financial Year Following Global Market Shifts
The Ministry of Energy has implemented a modest price reduction for petroleum products to inaugurate the new fiscal cycle despite simultaneous taxation adjustments.
Pakistan Slashes Petrol Price by 74 Rupees Following Historic Diplomatic Breakthrough in Global Oil Market
Prime Minister Shehbaz Sharif announces an unprecedented downward revision in local fuel prices as the US Iran peace agreement stabilizes global crude supply.
Pakistan Projecting Major Fuel Price Cuts as Global Refining Costs Plunge
Pakistani consumers are expected to receive substantial financial relief as international petroleum benchmarks plunge amid regional diplomatic agreements.
Pakistan Hikes Petrol and Diesel Prices by Rs 15 as Strait of Hormuz Blockade Triggers Global Energy Crisis
The Government of Pakistan has raised fuel prices to over 414 rupees per liter following the closure of the Strait of Hormuz and mounting pressure from the IMF.
PIDE Warns Pakistan Economy Faces Severe Risk from Strait of Hormuz Disruptions
A study by the Pakistan Institute of Development Economics reveals that a disruption in the Strait of Hormuz could drive Pakistan’s inflation above 12% and destabilize external accounts.