The wheels of the country may soon grind to a halt as the Pakistan Petroleum Dealers Association (PPDA) has declared a massive, indefinite nationwide shutdown of petrol pumps starting March 27. The announcement comes after failed negotiations regarding dealer profit margins, signaling a deepening rift between the government, oil companies, and local retailers. In a […]
Petrol
Four petrol-laden ships arrive at Port Qasim amid fuel crisis
Amid the recent energy crisis and government measures to cope with the prevailing global fuel shortage triggered by the ongoing US-Israel-Iran conflict, four petrol-laden ships have arrived at Port Qasim, officials confirmed. According to Port Qasim officials, two more ships are scheduled to arrive soon – one carrying 55,000 tonnes on March 12 and another […]
Punjab restricts ministers and officers’ petrol allowance by 50%
Punjab Chief Minister Maryam Nawaz Sharif has decided to implement extraordinary measures to address the unprecedented economic challenges arising from the ongoing conflict in the region. In a media statement, the chief minister announced that government fuel for provincial ministers will remain suspended until the petroleum crisis is resolved. She also ordered an immediate 50 […]
District admin for launching action against illegal storage of petrol, diesel
Strict crackdown would be launched against individuals involved in illegal storage of petrol and diesel, it was decided by district administration Shaheed Benazirabad here Sunday. In this regard, Deputy Commissioner Abdul Samad Nizamani, issued clear directives stating that no individual or petrol pump owner would be allowed to illegally stock petroleum products. DC said that […]
Miftah says govt petrol hike benefits oil firms
Former finance minister Miftah Ismail has slammed the PML-N-led government’s move to hike the price of petrol and diesel, saying that it has only benefited oil firms. In a post on X, Miftah, who served as the finance czar during Prime Minister Shehbaz Sharif’s previous tenure, said that the government raised the prices, but in […]
Govt ‘likely to hike petrol, diesel prices’ for next fortnight
The government is likely to increase petroleum prices for the next fortnight from February 16, industry sources said on Saturday. The insiders added that the petrol rate might be increased by Rs4.39 per litre, which, if approved, will bring it to Rs257.56 per litre from the existing Rs253.17 per litre. High-speed diesel (HSD) price, they […]
20,000-liter petrol spill after tanker crashes in foggy Narowal
The driver of an oil tanker was injured when the vehicle, loaded with 20,000 liters of petrol, overturned at Mandranwala Stop in Narowal District in foggy weather conditions early Saturday. According to rescue sources, an oil tanker overturned at Mandranwala Stop, spilling its entire load of petrol onto the road, private media news channel reported. […]
Fuel prices held steady as government raises petroleum levy
The government on Thursday kept the prices of petrol and high-speed diesel (HSD) unchanged for the next fortnight, while increasing the petroleum levy on both fuel. Read More: Petroleum rates may drop from January 16 According to a statement issued by the Petroleum Division, petrol will continue to retail at Rs253.17 per litre and HSD at […]
Petrol Price Cut Announced for Next Two Weeks
The government announced a petrol price cut and a diesel reduction for the next two weeks. Petrol is now priced at Rs263.45 per litre, while diesel is set at Rs279.65. Officials said the new rates will take effect from December 1 after approval from the Oil and Gas Regulatory Authority. The new prices aim to […]
Fuel prices may rise up to Rs9.60 per litre
ISLAMABAD: Fuel prices in Pakistan are expected to see significant changes in the next fortnight, with high-speed diesel possibly increasing by Rs9.60 per litre, according to sources monitoring global market trends. Petrol, on the other hand, may see a slight decrease of Rs1.96 per litre. Kerosene prices are anticipated to rise by Rs8.82 per litre, […]