Govt issues no statement on further petrol price hike

MG News | March 12, 2026 at 07:08 PM GMT+05:00

0:00

March 12, 2026 (MLN): No statement has been issued regarding a further increase in petrol prices in the country, which dismisses reports circulating on some television channels as incorrect.

The clarification came after Finance Minister Muhammad Aurangzeb briefed the Senate Standing Committee on Finance and Revenue, where he only informed members about the rising trend in crude oil prices in the international market.

According to a press release issued, the minister did not make any remarks about a further increase in petroleum product prices in Pakistan during the briefing.

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KSE100	154,421.43 202.93M	-0.92% -1437.05
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Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	70,025.00	71,145.00 69,345.00	-800.00 -1.13%
BRENT CRUDE	101.28	101.59 95.20	9.30 10.11%
RICHARDS BAY COAL MONTHLY	99.40	0.00 0.00	-10.20 -9.31%
ROTTERDAM COAL MONTHLY	124.40	124.60 123.85	3.00 2.47%
USD RBD PALM OLEIN	1,083.50	1,083.50 1,083.50	0.00 0.00%
CRUDE OIL - WTI	96.76	97.04 88.61	9.51 10.90%
SUGAR #11 WORLD	14.40	14.49 14.12	0.15 1.05%