دنیا
Russia to supply 300,000 tonnes of diesel immediately to US market
The move follows an energy ceasefire between Russia and Ukraine as the US seeks to lower domestic fuel costs amid a 70 percent price surge.
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energy rates
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کاروبار
OGRA cuts petrol prices for 24 hours while diesel costs rise
The price drop for motor spirit comes as diesel costs continue to climb, marking a shift in the daily fuel rate updates.
کاروبار
Malik states government needs multilateral input to change petroleum levy targets
The Minister noted that regional tensions impact fuel supply, while refineries are working to digitise the supply chain.
ٹیکنالوجی
Google Maps displays live fuel prices starting Thursday, boosting pump transparency
The CMA made a recommendation in 2023, and the government launched its Fuel Finder scheme in February.
دنیا
South Korea Investigates Fuel Shipments to Russia Amid Sanctions Concerns
Over 176,000 tonnes of fuel were loaded at South Korean ports on seven tankers making 14 voyages to Russia’s far east in July and August.
کاروبار
Electricity consumers face extra charge of 1.11 Rs per unit in October 2026 bills
The adjustment, approved by Nepra, covers the gap between actual and reference fuel costs for most consumers.
دنیا
French Prime Minister Lecornu confirms 10 million barrels diesel release for France
The announcement follows calls for fiscal discipline, as the IMF urged France to improve its financial standing.
کاروبار
OGRA revises fuel prices, raising petrol by Rs1.82 and cutting diesel by 91 paisa
These revised rates, effective 2026-10-08, follow a shift in fuel price determination to the Oil and Gas Regulatory Authority.
کاروبار
Shell expects refineries to almost double profit from every barrel of fuel
Shell's gas production was cut by a third due to damage to a key gas processing facility in the Gulf from the Iran crisis.
دنیا
Power Division concedes power price rise due to regional conflict
The concession follows a public hearing where officials discussed the cost increase from previous rates.
کاروبار
Trump signs order expanding tax-exempt diesel fuel access for US users
The directive defers federal excise tax payments and aims to secure diesel access for farmers and industry.
دنیا
Student protests in France focus on school conditions, not immigration
No deaths have been reported during the student protests and school blockades in France.
کاروبار
Ministry of Energy seeks review of consumption package after high marginal costs emerge
The weighted average marginal cost reached 27.58/kWh from December through May.
کاروبار
Airlines hint at fare hikes amid rising jet fuel costs
Rising operational expenses due to jet fuel price increases are prompting carriers to review passenger ticket rates.
کاروبار
Govt raises petrol price, cuts diesel rate; new prices take effect Tuesday
The adjustments follow a shift in policy, with the Oil and Gas Regulatory Authority now tasked with daily price setting.
کاروبار
Malik states government cannot sustain petrol subsidies amid global oil shock costs
The Minister warned that unchecked spending risks repeating fiscal difficulties seen in 2022, necessitating resource planning first.
دنیا
US Coast Guard intercepts fuel ship Grace in Caribbean Sea near Cuba
Mexican navy confirmed large fuel amounts in the ballast tanks and several containers aboard the vessel.
کاروبار
European nations agree to release diesel stocks amid market pressure
The proposed 50-million-barrel release represents about 17% of the EU’s total emergency diesel and gasoil stocks.
کاروبار
Short-term inflation surged 11.53% year on year for week ending October 1
Rising fuel costs and sharp increases in vegetable prices continue to pressure consumer spending across the nation.
کاروبار
Oil prices jump as China suspends oil product exports
The market reacted to geopolitical tensions, with the US reportedly increasing military presence in the Middle East region.
کاروبار
Inflation slowed to 10.3% in September; energy prices rose year-on-year
The IMF advised Pakistan to adjust its exchange and interest rate policies amid persistent cost increases.
ٹیکنالوجی
Adding 30,000 REEVs annually saves Pakistan over $1 billion in fuel imports
The economic case for this shift was detailed in a policy viewpoint from PIDE in December 2024.
کاروبار
Memon leads campaign on Fuel Relief Package in Islamabad
The initiative, directed by Prime Minister Shehbaz Sharif, targets commuters reliant on smaller vehicles for daily income.
کاروبار
Karachi reports USD buying rate at 275.94 and selling rate at 278.94
The USD buying rate stands at 275.94 in Karachi, while the selling rate is recorded at 278.94.