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OGRA July 21 Revision: Petrol Falls Rs0.35 to Rs315.80, Diesel Rises Rs5.71 to Rs360.06 in Split Daily Update

OGRA's July 21 daily petroleum price notification produced a split revision: petrol (motor spirit) fell Rs0.35 to Rs315.80 per litre, while high-speed diesel rose Rs5.71 to Rs360.06 per litre. The divergence reflects different movement in the international benchmark prices for the two products over the preceding seven-day average period. It is the fourth daily revision since the new OGRA mechanism came into force on July 18, and the first to show petrol and diesel moving in opposite directions.

Daily Ausaf

Pakistan Petrol Price Falls on Day 3 of Daily OGRA Mechanism; First Downward Revision Shows System Works Both Ways

Pakistan's daily OGRA petroleum pricing mechanism delivered its first downward revision on July 20, its third day of operation, as international oil prices softened relative to the seven-day average that governs the formula. Petrol fell from Rs316.15 to approximately Rs310.71 per litre. The fall contradicts the narrative of critics who described the daily mechanism purely as a vehicle for price increases — and demonstrates the symmetric design of the system — but the government's initial notice covered only July 18–20, and a fresh notification is now required for July 21.

Pakistan Today

All Pakistan Petrol Pump Owners Reject Daily Pricing Deregulation; Threaten Nationwide Pump Strike Next Week

The All Pakistan Petrol Pump Owners Association has rejected the government's daily petroleum pricing mechanism introduced on July 18, warning it will launch protests and a nationwide strike as early as next week if the decision is not withdrawn. The threat comes a day after Petroleum Minister Ali Pervaiz Malik chaired a stakeholder meeting at which the Oil Companies Advisory Council and oil marketing companies broadly supported the deregulation direction. The mechanism, under which OGRA publishes daily prices based on a seven-day Platts average, represents the first major restructuring of Pakistan's fuel pricing system in two decades.

December 10, 2025

News Desk

Oil-rich UAE turns to artificial intelligence to fuel economy

A facility operated by oil and gas services company Lamprell in Dubai, United Arab Emirates is pictured in this handout image provided to Reuters on June 24, 2022. — Reuters ABU DHABI: Deep in the Abu Dhabi desert, a massive artificial intelligence campus a quarter the size of Paris is beginning to emerge, the oil-rich UAE’s boldest bet on technology it hopes will help transform its economy. Towering cranes clank as far, low buildings form below, the eventual home of data centers powered by five gigawatts of electricity—the largest such facility outside the United States. The campus will provide storage

November 15, 2025

News Desk

Fuel traders seek government intervention as man-made diesel shortage hits pumps

A petrol pump in the federal capital is seen in this undated picture. — Online/Archive Traders say some companies are delivering small quantities of diesel. Fuel pumps run dry and cannot serve customers: dealers Traders also complain about orders being canceled after placement. Fuel marketers are warning that an industrial shortage of high-speed diesel is affecting petrol pumps across the country, calling on the government to act before conditions worsen, The News reported on Saturday. In a letter to the chairman of the Petroleum and Natural Gas Regulatory Authority (Ogra), the Petrol Pump Dealers Association said that oil marketing companies

November 4, 2025

News Desk

Citizens transport 50 GW of solar power as costly fossil fuel demand shrinks

Households bear expensive LNG import costs as industries move away from high-cost fuel, but reliance on government remains After decades of dependence on imported and local fossil fuels, Pakistan is turning to cheaper and cleaner options. In FY24, shrinking energy supply and declining consumption defined Pakistan’s energy story. Weak demand and rising fuel costs are leading to a gradual shift away from dependence on fossil fuels. Economic pressures are reshaping energy use The Pakistan Energy Market Review (PEMR) 2025 by Renewables First reveals that Pakistan’s primary energy supplies fell for the second consecutive year in 24 years, while final energy

October 22, 2025

News Desk

No fuel shortage across Pakistan: OGRA

OGRA spokesperson says fuel distribution, supply across the country remains unaffected, no disruptions People wait their turn to get fuel at a petrol station in Peshawar on January 30, 2023. Photo: Reuters/File The Oil and Gas Regulatory Authority clarified that there is no shortage of fuel in the country. The Authority has allayed fears of a national crisis caused by the delay in clearing oil shipments at the Karachi port due to the provincial government’s imposition of 1.8% on Sindh’s infrastructure development. According to OGRA spokesperson Imran Ghaznavi, the clearance of consignments of imported petroleum products was temporarily delayed. However,

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