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181 results for Oil (Petroleum) and Gasoline
Argentina says it will file criminal charges against Navitas Petroleum and company executives over operations linked to oil exploration around the Falkland Islands, sharpening a sovereignty dispute that has sat at the…
With the Strait of Hormuz effectively closed, the militant group’s threats in the Red Sea jeopardize Saudi Arabia’s main workaround for oil
U.S. markets hovered near record territory as oil volatility, high Treasury yields and July inflation data kept investors cautious.
Oil prices moved higher as U.S.-Iran diplomacy stalled and reduced traffic through the Strait of Hormuz renewed concern about global energy supplies.
Pakistan expects Turkish Petroleum seismic vessels to arrive in the autumn as both countries advance a new phase of offshore oil and gas exploration.
Pakistan has taken a long-awaited step toward reshaping its downstream energy sector by approving the Brownfield Refining Policy, a move that is meant to modernise the country’s petroleum refineries after years of…
The IMF commends Pakistan for effectively managing the oil crisis while calling for urgent reforms in the gas sector to address rising circular debt
Jamaat-i-Islami Pakistan has announced a nationwide wave of peaceful sit-ins against the petroleum levy, with protests planned at 510 locations across the country. The move adds fresh pressure on the government as…
Global oil prices moved higher after fresh reports of disruption in two of the world’s most closely watched shipping routes, underscoring how quickly tensions in the Middle East can ripple through energy markets…
On 26 August 2026, petrol in Pakistan costs Rs343.10 a litre and high-speed diesel Rs371.80. Those rates come from a Petroleum Division notification, and they are valid until 27 August — one day.
Petrol pump owners in Pakistan have announced a nationwide strike starting Wednesday night after talks with the government over a daily petroleum pricing mechanism ended without agreement, according to a monitored…
Federal Reserve rate patience is facing a new test as oil prices, inflation expectations and mixed market signals overlap before the next policy meeting. It is the kind of update that people search for because it does…
Oil price rises above 95 mark as Middle East conflict escalates Oil markets have tightened again as the price of Brent crude moved above $95 a barrel, returning to a level not seen for six weeks and reflecting fresh…
In response to a sudden spike in global oil prices due to rising tensions in the Middle East, the government has introduced a special relief package for the ordinary people to ease the financial burden of people riding…
Pakistan has raised petrol and high-speed diesel prices in response to continued pressure in international oil markets, with the new rates taking effect from September 15. ## New petrol and diesel prices The federal…
ISLAMABAD, September 19, 2026: The federal government has announced a reduction in the prices of petrol and high-speed diesel (HSD), providing consumers with a modest decrease in fuel costs under the latest petroleum…
Petrol rises to Rs358.77 per litre and high-speed diesel to Rs381.77 under Pakistan's revised petroleum pricing mechanism.
Pakistan's petroleum prices climbed again this week, with the government raising petrol by Rs1.63 per litre and high-speed diesel (HSD) by Rs1.55 per litre, effective from July 29. The increase takes petrol to Rs335.81…
The government and Jamaat-i-Islami have agreed to form committees to review the petroleum levy and recommend public relief measures.
A new study finds that consumers who are paying a premium for foods advertised as made with avocado oil are probably not getting what they think they're
Oil prices climbed sharply on Thursday after reports that an Iranian parliamentary committee is reviewing a proposal that could restrict US and Israeli vessels from the Strait of Hormuz. The move added fresh supply-risk…
Pakistan imported a record 3.482 million tonnes of palm oil worth $3.785 billion in FY26, compared to 3.214 million tonnes worth $3.4 billion in FY25, according to Pakistan Bureau of Statistics data.
Yemen’s oil wealth could ease a severe economic squeeze if exports resume, yet persistent security risks still cloud the country’s path back to
Jamaat-i-Islami's Khyber Pakhtunkhwa long march sets out from Bab-i-Khyber toward Islamabad in protest against the petroleum levy.