Prime Minister Shehbaz Sharif and Crown Prince Mohammed bin Salman during the former’s visit to Saudi Arabia, April 15, 2026. — X@PakPMOSaudi Arabia extends existing maturity of $5 billion deposit.Riyadh announced financial support on royal directives: SPA.Reaffirms commitment to…
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Fuel dealers seek govt intervention as artificial diesel shortage hits pumps
A petrol pump in the federal capital seen in this undated image. — Online/FileDealers say some companies delivering small amounts of diesel.Fuel pumps running dry and unable to serve customers: dealersDealers also complain of cancellation of orders after placement.
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Daily petroleum rates: Petrol, diesel prices go up
A petrol pump in the federal capital seen in this undated image. — Online/File
The Oil and Gas Regulatory Authority updates petroleum products prices on a daily basis on its website to ensure transparency and allow the immediate impact of international price fluctuations…
Refining sector to benefit from higher GRMs amid widening spreads
A view of the newly-commissioned Dangote Petroleum refinery is pictured in Ibeju-Lekki, Lagos, Nigeria May 22, 2023. — ReutersCrude-HSD spread rises to ~$55/bbl; crude-MS gap at ~$10/bbl.Historical average crude-product spread is $25–$30 per barrel.Feb 2026 refinery throughput…