Khurram Schehzad assures public of regular fuel price reviews

News Image

MG News | April 03, 2026 at 12:10 PM GMT+05:00

0:00

April 03, 2026 (MLN): Fuel prices in Pakistan have surged due to international market pressures and ongoing global crises, the government confirmed, while assuring the public that relief measures will continue and fuel prices will be reviewed regularly.

A targeted subsidy for motorcyclists has also been introduced to ease the burden on daily commuters.

Advisor to the Finance Minister, Khurram Schehzad, speaking to a local media channel, explained that global tensions and conflicts have impacted international oil markets, driving up petrol and diesel prices.

He noted that domestic consumption has remained largely stable thanks to government austerity measures and urged provincial authorities to ensure proper implementation of these steps, according to APP.

Under the BISP program, provincial authorities are currently collecting data on eligible bikers to ensure relief reaches intended beneficiaries efficiently. Khurram Schehzad emphasized that Pakistan’s situation is better compared to other countries, citing Dubai, which recently increased fuel prices by 70% despite producing its own oil.

He further assured that once the economic situation improves, fuel prices are expected to decline at a similar pace, while weekly price reviews and relief measures continue. He urged citizens to cooperate as the government works within its limited resources to provide support.

 

 

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 165,823.88
448.99M
-1.54%
-2588.35
ALLSHR 99,160.90
1,085.27M
-1.67%
-1680.26
KSE30 50,101.96
142.26M
-1.74%
-888.53
KMI30 238,681.37
216.35M
-1.30%
-3152.79
KMIALLSHR 64,435.58
615.36M
-1.35%
-884.80
BKTi 46,165.92
56.22M
-2.48%
-1174.89
OGTi 34,125.34
9.28M
-2.33%
-814.62
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 76,575.00 76,715.00
75,910.00
800.00
1.06%
BRENT CRUDE 111.08 111.80
110.19
-0.18
-0.16%
RICHARDS BAY COAL MONTHLY 113.00 113.00
109.00
4.25
3.91%
ROTTERDAM COAL MONTHLY 110.50 110.50
105.00
5.85
5.59%
USD RBD PALM OLEIN 1,191.50 1,191.50
1,191.50
0.00
0.00%
CRUDE OIL - WTI 107.70 109.64
106.45
0.82
0.77%
SUGAR #11 WORLD 14.75 14.80
14.25
0.52
3.65%

Chart of the Day


Latest News
April 29, 2026 at 06:32 PM GMT+05:00

SBP raises Rs1.37tr in MTBs, Floating Rate PIB


April 29, 2026 at 04:57 PM GMT+05:00

TREET profit drops 38% in 9MFY26


April 29, 2026 at 04:49 PM GMT+05:00

ILP 9MFY26 profit rockets 2.9x


April 29, 2026 at 04:43 PM GMT+05:00

SSGC reports steep 80% drop in 9MFY26 profit


April 29, 2026 at 04:37 PM GMT+05:00

AGHA 9MFY26 net loss narrows by 47%



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg