General view of Orsknefteorgsintez oil refinery in the city of Orsk, Orenburg region, Russia August 28, 2025. — Reuters Pakistan oil refiners face pressure after diesel pricing formula shift.Industry players accuse authorities of imposing artificial margin cap.Refinery officials…
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Govt cuts petrol price by Rs6, diesel Rs6.80 per litre
A representational image of a fuel station staffer updating the fuel prices in Karachi. — AFP/ FileNew fuel prices to take effect from May 23.Petrol price now stands at Rs403.78 per litre.High-speed diesel price falls to Rs402.78 per litre.
The federal government has…
Asia shares mixed, oil advances on US-Iran deadlock
Visitors walk near screens displaying current market information at Japan Exchange Group’s Tokyo Stock Exchange in Tokyo, Japan, April 6, 2026. — ReutersInvestors tense over shaky ceasefire, stalled peace talks.Oil gains as shipping disruption in Strait of Hormuz persists.Yen nears…
Ramadan, Eid remittances to keep rupee stable
An employee counts Pakistani rupee notes at a bank in Peshawar, August 22, 2023. — ReutersInterbank rate stays range-bound through the week.IMF review talks begin under EFF and RSF.Remittances rise year-on-year, dip month-on-month.
KARACHI: The Pakistani rupee is expected to stay…