Fuel Prices
Petrol Pumps Across Pakistan to Shut Down From August 15 Over Margin Dispute
Petrol pumps across Pakistan are set to observe an indefinite nationwide shutdown from August 15 as petrol dealers demand an increase in their profit margin amid rising operational expenses. The decision was announced by the Pakistan Petroleum Dealers Association (PPDA) on Tuesday after a meeting attended by dealers from different parts of the country. The […]
Government Announces Marginal Reduction in Petrol and Diesel Prices for August
The federal government has announced a slight reduction in the prices of petroleum products, offering limited relief to consumers across Pakistan. The revised fuel rates, issued by the Oil and Gas Regulatory Authority (OGRA), came into effect following the latest pricing review. According to the official notification, the price of motor spirit (MS) petrol has […]
Rising Petroleum Levy Identified as Key Factor Behind Pakistan’s Inflation Surge
Pakistan’s recent return to double-digit inflation is increasingly being attributed to higher fuel taxation, with a new study suggesting that the government’s expanding use of the petroleum levy has played a significant role in driving up prices across the economy. A report published by the Policy Research and Advisory Council (PRAC) argues that the petroleum […]
FIA Alleges Oil Companies Received Payments for Fuel Not Yet Imported
A major controversy has emerged in Pakistan’s petroleum sector after the Federal Investigation Agency alleged that several oil marketing companies (OMCs) received government compensation payments for fuel stocks that had not even been imported at the time of payment. The revelations surfaced during an interim inquiry conducted by FIA’s Anti-Corruption Circle Karachi, which examined the […]
Government Allocates Rs. 27 Billion to Offset Fuel Price Burden
The federal government has released Rs. 27 billion to the Oil and Gas Regulatory Authority to settle outstanding price differential claims, aiming to prevent an immediate increase in fuel prices for consumers across Pakistan. This financial support represents the first tranche from the Prime Minister’s Austerity Fund and has been issued on the directives of […]