The price of petroleum products in Pakistan is expected to rise by Rs2.75 per litre. The Oil and Gas Regulatory Authority (OGRA) has submitted proposals aimed at increasing the profits of oil companies and petrol pumps. Proposed Profit Margin Increases Sources indicate that the proposal sent to the government includes an increase in the profit margin for oil companies by …
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Expected Drop in Petrol and Diesel Prices from August 1
Starting August 1, motorists can anticipate a reduction in fuel costs as the prices for petrol and high-speed diesel (HSD) are projected to decrease significantly over the next two weeks. This expected drop comes after two consecutive price hikes and is attributed to a decrease in international market prices and lower import premiums. Recent trends show that the international market …
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