Amid rising global petroleum prices, the government is set to increase petrol prices in Pakistan for the third consecutive time as part of its bi-monthly revision. According to the report, petrol is expected to rise by Rs1.24 per litre, effective from February 1. Similarly, diesel prices may increase by Rs4.49 per litre. The hike is … Read more
Due to a significant decline in global crude oil prices, there is speculation that petroleum product prices in Pakistan may also see a reduction this month. Recently, crude oil prices dropped nearly 2 percent to a six-week low, driven by growing hopes of a cease-fire in Gaza and concerns over China’s rising demand. In response … Read more
In a welcome development ahead of Eid ul Adha festivities, the Pakistan government is planning to ease financial pressures by considering a significant reduction in petrol and diesel prices. This reduction, potentially as high as Rs12, is expected to offer much-needed relief to consumers nationwide. The anticipated decline in petrol prices is linked to a … Read more
