Business
Pakistan keeps fuel rate unchanged despite lower global oil prices
Analysts were expecting a rate cut of around PKR 6 due to lower crude oil prices
Jan 15, 2026
Jan 15, 2026
Analysts were expecting a rate cut of around PKR 6 due to lower crude oil prices
Pakistan’s energy landscape is undergoing a significant transition, and policy decisions must keep pace with economic pressures and climate considerations
Move likely to make petrol and diesel costlier irrespective of global prices
Diesel, petrol and furnace oil consumption continues to decline, extending a months-long slowdown in the energy market
The new prices have taken effect from November 16
In its annual general meeting, the company said a trading subsidiary will be formed to improve procurement
