June 24, 2026
Vessel transits through the Strait of Hormuz plunged to 12 a day after Tehran again declared the waterway shut, but Brent slid toward its lowest in three months as traders bet the closure is symbolic — and Pakistan banked a record fuel-price cut.
June 22, 2026
Tehran's June 20 closure call collides with US Navy data showing tankers still moving. Brent fell about 2% Monday as traders bet the waterway stays passable. For Pakistan, pumps are already cheaper and a Qatari LNG cargo is steaming toward Karachi.
February 1, 2025
ISLAMABAD: The federal government announced new petrol and diesel prices for the next fortnight, hiking the prices by Rs 7 per litre. As per a notification issued here, the price of petrol has been raised by Rs 1 per litre. The new price of petrol has been set at s. 257.13 per litre Similarly, the price of high-speed diesel has been increased by Rs7 per litre. The new price for high-speed diesel is now Rs 267.95 per litre. It is to be noted here that petroleum product prices are increased for the third consecutive fortnight as the same were hiked
January 30, 2025
Pakistanis are bracing for another potential increase in fuel prices, with sources indicating that the government is planning to raise petrol and diesel prices by up to Rs3 per liter and Rs6 per liter respectively, starting February 1, 2025. The anticipated price hike is attributed to the rising global crude oil prices. Sources suggest a Rs3 increase for petrol and a potential Rs6 increase for high-speed diesel, based on a forthcoming bi-weekly review. The Oil and Gas Regulatory Authority (OGRA) will submit a recommendation to the relevant ministry, factoring in international oil prices and exchange rate fluctuations. The final decision
Editor — Hamza Azhar Salam · Write to us with suggestions or tips
October 26, 2026
The Pakistan Daily
October 26, 2026
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