Islamabad, 7 May, 2025: A Senate Standing Committee on Commerce, led by Senator Anusha Rahman, was briefed that over 2.8 billion liters of petrol and diesel are smuggled into Pakistan …
Diesel
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BusinessTop Trending News
Import of Petroleum Products Reduces to $11.9bn in 9-Months
by Umar Sohailby Umar SohailIslamabad: Pakistan’s oil import bill has seen a slight decrease of 1.19% to $11.94 billion for the first nine months of FY25, compared to $12.08 billion during the same period …
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Islamabad, Apr 8, 2025: Diesel Inventory Peaks as Pakistan’s energy sector faces a mounting challenge driven by inaccurate diesel demand forecasts. A significant mismatch between projected and actual consumption has …
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Islamabad, Mar 29, 2025: The federal government has escalated the petroleum development surcharge on High Octane Blending Component (HOBC) by Rs. 20, increasing it to Rs. 70 per liter, as …
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Latest Updates
Government hikes petrol price by Rs13 and diesel by Rs2
by Hamza Irshadby Hamza IrshadThe interim government has approved significant increases in the prices of petrol and high-speed diesel (HSD). As per the notification issued by the finance ministry, the price of petrol has …
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Major relief in diesel price expected: The global market has caused a massive decline in diesel prices, which may prompt the government to provide significant relief to petroleum consumers in …
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EconomyLatest Updates
Europe is still the largest buyer of Russian diesel
by Umar Sohailby Umar SohailEurope still remains the largest buyer of Russian diesel as half of EU and UK seaborne diesel imports are originating from Russia. Europe and the United Kingdom imported an average …
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EconomyExclusiveLatest Updates
Dollar, crude oil prices drop significantly but relief not given to consumers
by Umar Sohailby Umar SohailFrom August 16, 2022, the following are the new domestic oil prices: Petrol Rs233.91 per liter, diesel Rs244.44, kerosene Rs199.40, and the price of light diesel oil will be Rs191.75 …
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Economy
Prices for gasoline and diesel are likely to go up by Rs10–17 per litre
by Hamza Irshadby Hamza IrshadEven though prices for petroleum products and crude oil have been pretty stable, petrol and diesel prices may go up by Rs 10–17 per litre on August 1, 2022. A …
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The government has further increased domestic petrol and diesel prices in a bid to pass on to consumers increase in international crude oil prices which have surged to $85/barrel