Wednesday, September 2, 2026 · Petrol Rs 342.79 · USD/PKR 277.50 · Gold Rs 466136/tola
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Articles for tag: Ali Pervaiz MalikAPPPOAdaily pricing mechanismdealer marginsFuel pricesLahore High Courtograpetrol pump strikePetroleum

Geo.tv

Petrol Pump Owners Suspend Strike After Minister Promises Margin Review and Two-Week Daily Pricing Trial

The All Pakistan Petrol Pumps Owners Association has suspended a planned nationwide shutdown after Petroleum Minister Ali Pervaiz Malik promised to review dealer profit margins — unchanged since 2022 — and agreed to run the daily petroleum pricing mechanism as a two-week pilot before any permanent decision. Dealers had objected to the daily system that now revises fuel prices every 24 hours; the dispute is paused but unresolved.

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.

Express Tribune

Pakistan Scraps Fortnightly Fuel Reviews; OGRA to Set Petrol and Diesel Prices Daily From 7-Day Average

Pakistan has shifted from its previous fortnightly petroleum price review system to a new mechanism under which OGRA sets petrol and diesel prices daily based on the average international crude price of the preceding seven days. Federal Petroleum Minister Ali Pervaiz Malik announced the change as a move toward transparency and eventual deregulation. The immediate consequence is that global oil price movements — including those driven by the US-Iran conflict — will pass through to Pakistani consumers within 24 hours rather than a two-week buffer.

Aaj English TV

Diesel Surges Rs31 to Rs354 Per Litre, Petrol Up Rs5.44 to Rs316 in Pakistan’s July 18 Revision

Pakistan's petroleum prices were revised sharply upward on July 18 under the new daily OGRA pricing mechanism, with high-speed diesel rising Rs31.05 per litre to Rs354.35 — one of the largest single diesel revisions on record — and petrol increasing Rs5.44 to Rs316.15. The hike is driven by elevated global oil prices attributable to the ongoing US-Iran conflict and Strait of Hormuz disruptions. The revised prices are effective July 18 to July 20.

Dawn

PM Shehbaz Warns US-Iran Tensions Could Hit Pakistan’s Economy Again; Orders Contingency Plan

Prime Minister Shehbaz Sharif warned on July 16 that escalating US-Iran hostilities could adversely affect Pakistan's economy "again," presiding over a meeting to review the impact of regional tensions and directing officials to draw up a comprehensive contingency plan. Officials told the meeting that petroleum reserves are sufficient and uninterrupted supply arrangements are in place. Pakistan's petrol price is at a record Rs310.71 per litre following the July 11 revision.

September 13, 2025

News Desk

Trump is pushing NATO nations to stop Russian oil markets

President Donald Trump said on Saturday that the US is ready to impose new energy sanctions on Russia, but only if all NATO nations stop buying Russian oil and implement similar measures. “I am ready to make significant sanctions on Russia when all NATO nations agreed and began to do the same thing and when all NATO nations stop buying oil from Russia,” Trump said in a social media position. In recent weeks, the US has reinforced pressure on NATO countries to tighten energy sanctions in Russia in an effort to help end its war with Ukraine – a Trump

July 3, 2025

News Desk

Petroleum Products Witness 7% Increase in Sales in Financial Year 2024-25

Fuel workers are waiting for customers in Islamabad. – AFP/file Sales of oil products reach 16.32 million tonnes of FY25. The MS Offtake reaches 0.73 million tonnes in June to mark 36 months high. OMCS publishes 8.0% increase in June sales after Reduce MS, HSD prices. Karachi: Reflecting on oil growth, Pakistan was observed 7.0% on an annual basis (YOY) in oil sales during FY25, reaching 16.32 million tonnes, compared to 15.28 million tonnes of FY24, according to official figures, according to official data, The news reported on Thursday. During the financial year ended on June 30, gasoline (MS) and

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