The government has increased domestic fuel prices by Rs. 55 per litre, pushing petrol (MS) to Rs. 321.17 per litre… Read More
Govt Announces Shocking Increase in Petrol Prices
The federal government during the late hours of Friday increased the price of high-speed diesel (HSD) by Rs. 55 per… Read More
Global Oil Prices Officially Above $90 Per Barrel for the First Time in Two Years
Brent crude oil prices surge above $90/barrel for the first time in 2 years after President Trump earlier today claimed”there… Read More
War in Middle East Sends US-Asia Oil Shipping Costs to $29 Million Per Tanker
The cost of shipping crude oil from the United States to Asia has surged to record levels as the war… Read More
ECC Approves Power Sector Reform Package to Cut Electricity Costs and Control Circular Debt
The Economic Coordination Committee (ECC) of the Cabinet met at the Finance Division on Friday under the chairmanship of Federal… Read More
Qatar Issues Final Warning for Oil Rates to Hit $150 Per Barrel if War Expands
Qatar has warned that all Gulf energy producers may soon halt exports which could potentially drive oil prices to $150… Read More
Turkish Investors Show Interest in Buying Pakistan’s Power Distribution Companies
Federal Minister for Power Sardar Awais Leghari held an online meeting with Türkiye’s Energy Minister Alparslan Bayraktar to discuss cooperation… Read More
Govt Decides to Enforce Work From Home, Remote Studies Across Pakistan
The federal government has approved in principle weekly petroleum price revisions starting March 8 and is preparing fuel conservation measures… Read More
SBP Reserves Rise by $87 Million to $16.3 Billion in One Week
Foreign reserves held by the State Bank of Pakistan (SBP) witnessed inflows of $87 million in the week that ended… Read More
Petrol Dealers Warn of Emerging Crisis As Refineries Backtrack on Supply Commitments
The Oil Marketing Association of Pakistan (OMAP) has raised serious concerns over local refineries deviating from product supply commitments agreed… Read More
Petrol Dealers Warn of 50% Supply Cut, Pumps Could Shut Down From Monday
The Pakistan Petroleum Dealers Association (PPDA) on Thursday warned that petrol pumps have 50 percent supply left across the country… Read More
Govt Orders Physical Inspection of All Petrol Stations to Prevent Hoarding
The federal government on Thursday directed all provincial governments to conduct physical inspections of retail petrol stations through deputy commissioners… Read More
