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Indian government trims tax on fuel, essential commodities to fight inflation

NEW DELHI: India on Saturday announced a series of changes to the tax structure levied on crucial commodities in a bid to insulate consumers...
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Explainer: Who Controls Petroleum Prices?

Across the globe, oil remains a key component of the energy mix. In countries where crude oil is found in large quantities, they sell...

Hike in petrol prices likely as govt plans to revert fuel subsidy

ISLAMABAD: Federal government will take a key decision on a hike in fuel prices today as subsidy on fuel prices will likely be reverted...

Long queues for petrol stations as fuel crisis hits another country

Long lines of motorists queuing for petrol have been snaking through the streets of Vientiane in recent days as Laos struggles with a growing...

Subsidy on petrol, diesel caused losses of Rs67 bn, federal cabinet told

ISLAMABAD: The national exchequer suffered losses of Rs67 billion owing to subsidies on diesel and petrol, the first meeting of the federal cabinet headed...

Couple gets petrol and diesel as wedding gifts; video goes viral

The married couple accepted the gift in a spirit of humorous.

ECC approves revision in premium on diesel, petrol imports

ISLAMABAD: Economic Coordination Committee (ECC) of the Cabinet here on Friday approved revision in the premium on diesel and petrol imports. The special meeting of...

Govt jacks up petrol price by Rs12 per litre

ISLAMABAD: The federal government on Tuesday increased the prices of petroleum products by up to Rs12 per litre effective from February 16, ARY News...

Petrol price may go up by Rs12 per litre

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) on Tuesday prepared a summary, seeking increase in petroleum prices from February 15, ARY News reported...

Petrol, diesel prices to stay unchanged as PM rejects hike proposal

ISLAMABAD: The federal government has deferred the decision to increase prices of petroleum products for the next 15 days, SAPM Shahbaz Gill confirmed the...

Govt slashes fuel prices for next 15 days

ISLAMABAD: The federal government on Wednesday reduced prices of petroleum products by up to Rs7 per litre effective from December 16, 2021, ARY News...

Petrol, diesel prices likely to go down from Dec 16

ISLAMABAD: The federal government may slash the petroleum prices by Rs10 per litre from December 16, ARY News reported citing sources. According to sources, the...

ECC okays increased profit margin of petrol dealers, OMCs

ISLAMABAD: The increase in the profit margins of petroleum dealers and the oil marketing companies have on Wednesday been approved by the Economic Coordination...

PM Imran Khan decides against hiking fuel prices

ISLAMABAD: Prime Minister Imran Khan has decided against an increase in fuel prices with the finance ministry issuing a notification to maintain the petrol...

Petrol stations witness long queues ahead of countrywide strike

KARACHI/LAHORE/ISLAMABAD: Long queues of vehicles were seen at petrol pumps across the country as the Pakistan Petroleum Dealers Association announced a nationwide strike and...

No increase in petrol prices till Nov 30, OGRA notifies

ISLAMABAD: The Oil and Gas Regulatory Authority has maintained the petrol prices after its summary to petroleum division for an upward revision about Rs5-...

Govt hikes petrol, diesel prices by over Rs8 per litre

ISLAMABAD: The government early Friday jacked up the prices of petrol and diesel by more than Rs8 per litre. According to a notification issued by...

Petrol, gas prices will likely go up again, PM says during national address

ISLAMABAD: Prime Minister Imran Khan said Wednesday while addressing the nation to announce the 'biggest' relief package that the prices of petrol and gas...

PM Imran Khan-led meeting mulls over subsidy on petrol to low-income groups

ISLAMABAD: A meeting of the PTI leadership headed by Prime Minister Imran Khan has proposed provision of subsidy on petrol to the low-income groups...

Lahore transporters hike fares up to 20% following petrol ‘bomb’

LAHORE: Following the surge in petrol prices to a historic high, the intercity transporters in Lahore have hiked tickets in response as well by...

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