Pakistan State Oil Co. received bids from international traders to supply two petrol cargoes as the country moves to secure ...

PSO is aggressively building fuel stocks to insulate the national economy from global market volatility. Guided by the ...

The government has approved a set of proposals for oil price review on a weekly basis aimed at bailing out the oil industry from the risk of high premiums, insurance costs and freight charges.A ...

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A summary is being prepared for submission to the federal cabinet’s Economic Coordination Committee (ECC) for urgent action ...

Pakistan is considering various measures, including weekly petroleum price revision, compensating oil companies and mandatory work from home, to “keep markets liquid” amid the disruption of trade ...

The ongoing conflict between Iran and the United States, and Israel has driven up global petroleum prices, with a direct impact on aviation fuel costs and airfare expected to go up in the coming days.

Airfares in Pakistan are expected to increase by 20-30% following a sharp rise in jet fuel prices from Rs188.93 to Rs342.32 ...

Pakistan is implementing major measures to ensure fuel stability amid trade slowdown due to the Strait of Hormuz closure.

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Pakistan mulls weekly petroleum price changes, work from home to stabilize markets amid Strait of Hormuz disruption.

Heating oil has shot up in price, petrol and diesel may continue to climb, but it may take longer to see the effect on ...