Business

International oil prices under review this week: Minister

Published by
Abdul khalique

ISLAMABAD: Petroleum Minister Ali Pervez Malik has said he will review international petrol and diesel price indices this week.

In a statement regarding the prices of petrol and diesel, Petroleum Minister Ali Pervez Malik said that the government is not giving priority to any sector, nor is it placing an unnecessary burden on any sector.

The government is determined to transfer every possible benefit to the consumers while remaining within the scope of its international obligations.

He said that the Prime Minister has so far reduced the price of diesel by Rs 200 per liter and the price of petrol by Rs 155 per liter. This week, he will review the international price indices of petrol and diesel.

Earlier, the federal government had decided not to change petrol and diesel prices here on Friday. The new petrol prices will be effective from June 27, 2026 till next week.

Abdul khalique

Recent Posts

Easy installment Plan announced for Suzuki Alto

Karachi: Despite inflation and high bank financing costs, the demand for new cars in Pakistan…

47 minutes ago

Heavy rains and floods in Khyber Pakhtunkhwa, 12 people killed

PESHAWAR: Heavy rains wreaked havoc in various cities of the country, 12 people died and…

1 hour ago

Govt Punjab launches E-Bike scheme for students

LAHORE: Punjab Chief Minister Maryam Nawaz has introduced the Electric Bike (e-scooters) Scheme 2026 for…

2 hours ago

PTI reacts to Noreen Niazi’s controversial statement

ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) has reacted to the controversial statement of Noreen Niazi, sister…

2 hours ago

Latest Gold Rate in Pakistan – July 21, 2026

KARACHI: Gold prices in Pakistan moved higher on Monday, tracking gains in the international market,…

3 hours ago

OGRA issues notification on new Petrol, Diesel Prices

ISLAMABAD: The Petroleum Division has issued a notification for change in prices of petroleum products.…

13 hours ago