Islamabad: OGRA has proposed a decrease in gasoline prices for the next review period, with a recommendation of a decrease of 2.49 rupees per liter. The move comes after crude oil prices drop in the international market, as the government seeks to reduce the financial burden on consumers. If the proposal is approved by the … Read more
The Oil and Gas Regulatory Authority (OGRA) has announced an increase in the prices of the imported liquefied naturally imported LNG (RLNG), which attributes the rise to the high costs of supply and delivery. The revised prices, immediately, will affect consumers for both Northern North Nortern Limited (SNGPL) and Sui Southern Gas (SSGC). For consumers … Read more
Oil prices fell by more than 1 % on Thursday due to the constant pressure of possible peace talks between Russia and Ukraine, as well as the increasing crude stocks in the United States. Brent futures decreased $ 1.04, or 1.4 %, to $ 74.14 a barrel by 1303 GMT, while the US crude decreased … Read more
Oil prices increased on Tuesday amid concerns about the threats and supply of Russian and Iranian oil, despite the uncertainty about global economic growth due to the new trade tariffs. Brent crude contracts rose 55 cents to 76.42 dollars a barrel by 0717 GMT, while the Western US crude in Texas gained 50 cents to … Read more
The Pakistani Business Council (PBC) has warned that the aim of the government to achieve $ 60 billion of exports by 2027 may not be fulfilled after a sharp increase in gas prices for captive power plants (CPPS). The government raised gas prices for CPPS through a presidential decree issued on Sunday, which increased the … Read more
IslamabadThe Economic Coordination Committee (ECC) was held in the Council of Ministers today under the leadership of the Federal Finance Minister, Senator Mohamed Orangazib, to address continuous inflationary trends and high commodity prices. In addition to its usual agenda, ECC reviewed inflation trends and the pricing of the main commodities, as presented by the Economic … Read more
IslamabadAfter the advice of the federal government, the Oil and Gas Regulatory Authority (OGRA) informed a review of the sale price of gas exclusively for the public industry category (captive), as of February 1, 2025. According to OGRA, the federal government issued, while responding to the OGRA decisions for SNGPL and SSGCL for the estimated … Read more
A survey, which was independently conducted by a private newspaper, a business registrar, revealed a decrease in the prices of the main kitchen elements, especially vegetables, compared to the previous week. However, the survey also highlighted excessive charging and continuous gaps in enforcing official price regulations. Sugar prices in the wholesale market decreased from 7000 … Read more
Islamabad: The Sindh government has announced an increase in the fares of the People’s Bus service, with an increase of 60% on various routes. The new pricing structure, ranging from 20% to 60%, will come into effect from February 1. Notices have been posted on buses to ensure passengers are informed of the changes. Senior … Read more
Islamabad: The federal government on Wednesday raised the price of petrol by Rs 3.47, taking it to Rs 256.13 per litre. According to a notification from the Finance Department, the price of high-speed diesel (HSD) has increased by Rs 2.61 to Rs 260.95 per litre. The new prices will come into effect from January 16, … Read more