OGRA (The Oil and Gas Regulatory Authority) has recommended increasing the price of petroleum products, and PM has approved the summary. The reason given for the increase is the devaluation of PKR to some extent and international price fluctuation due to Middle East region tension.
Products | Existing Prices w.e.f 16/12/2024 | New Prices w.e.f 01/01.2025 | Increase/Decrease |
High Speed Diesel (HSD) | 255.38 | 258.34 | +2.96 |
MS Petrol | 252.10 | 252.66 | +0.56 |
Government of Pakistan had stopped Remittance subsidies, which included Pakistan Remittance Initiative (PRI) has been restarted or resumed on emergency bases via providing 30 billion rupee for now.
Yesterday, meaning today at midnight, US President Donald Trump announced a massive trade with Pakistan, and he announced that the Pakistan trade deal would be subjected to oil reserves.
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Malik Riaz Signals for a comprehensive dialog to end Bahria Town Woes06 Aug, 2025
Government of Pakistan Restarts Remittance Subsidies Due To Exchange Pressure05 Aug, 2025
US President Donald Trump Announces Trade Deal with Pakistan31 Jul, 2025
US President Announces 25% Tariff against India from 1st August30 Jul, 2025
