Pakistan may start changing petrol prices every week

The interim administration in Pakistan has decided to revise the frequency of petroleum price adjustments, shifting to a weekly assessment from the existing bi-weekly practice. As per local sources, the Oil and Gas Regulatory Authority (OGRA) will now conduct a weekly review of fuel prices. This strategic move is aimed at addressing challenges within the oil industry, particularly in mitigating inventory losses.

Prior to implementing this substantial adjustment, the caretaker government sought input from various stakeholders, including the Petroleum Dealers Association.

Leave a Reply

Your email address will not be published.