oil tankers
Mir Shams Shahwani, the Chairman of the All Pakistan Oil Tankers Owners Association, expressed strong support for the nationwide strike called by Jamaat-e-Islami (JI). In his heartfelt statement, Shahwani underscored the importance of this collective action as a response to the mounting financial pressures facing many businesses and individuals. He
petrol
Starting September 1, the prices of petrol and high-speed diesel (HSD) are expected to fall by approximately Rs5-6 per litre, marking the third consecutive fortnight of price reductions. This anticipated drop comes as a result of lower international oil prices. Recent reports indicate that in the past two weeks, the
Oil
Lahore, Aug 15: While the prices of petroleum products are adjusted promptly, the cost of lubricants, including engine gear and brake oil, continues to rise without corresponding decreases, sparking concerns of market manipulation. A recent review reveals that oil marketing companies, rather than OGRA, set the prices for these lubricants.
petrol
Finance Minister Muhammad Aurangzeb announced a revised increase in the levy on petrol and diesel to Rs 70 per liter. This change was revealed during his closing speech on budget amendments in the National Assembly. Originally proposed at Rs 80, the levy on petrol and diesel has been scaled back
petrol
ISLAMABAD: Anticipation grows around a substantial increase in petroleum prices starting July 1, fueled by potential hikes in levy charges by the government. Sources indicate that petrol prices might surge by Rs 7.54 per liter and diesel by Rs 9.84 per liter for the upcoming 15 days. Should
IMF
LAHORE: Pakistan is on the brink of an unprecedented increase in petrol prices as the International Monetary Fund (IMF) recommends imposing a General Sales Tax (GST) alongside the existing petroleum levy on fuel products. According to media reports, this recommendation comes as part of broader IMF conditions aimed at securing