petroleum prices

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    Man Killed, Two Injured in Pakistan Petrol Pump Firing Amid Panic Buying

    Lahore, March 8 A man was killed and two others seriously injured after customers opened fire at a petrol pump in Punjab province, Pakistan, following a dispute triggered by panic buying of fuel due to fears of shortages caused by the US-Iran conflict, police said on Sunday.The incident...
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    Pakistan Raises Petrol and Diesel Prices Amid Regional Uncertainty

    Islamabad, March 7 In the first economic shock following the war with Iran, the Pakistani government has overnight increased petrol and high-speed diesel prices by PKR 55 per litre each, the highest increase ever.Addressing a press conference shortly before midnight, Petroleum Minister Ali...
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    Pakistan Monitors Oil Supply, Conserves Fuel as Strait of Hormuz Remains Blocked

    Islamabad, March 5 Pakistan decided on Thursday to introduce weekly revisions in petroleum prices, effective from Saturday, and to consider measures such as working from home and distance learning to conserve fuel amid possible disruptions in oil supply due to the ongoing conflict in West Asia...
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    Pakistan Prepares for Weekly Fuel Price Changes Amid Regional Uncertainty

    Islamabad, March 5 Pakistan decided on Thursday to introduce weekly revisions in petroleum prices, effective from Saturday, and to consider measures such as working from home and distance learning to conserve fuel amid possible disruptions in oil supplies due to the ongoing conflict in West...
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    Strait of Hormuz Crisis: Pakistan Takes Steps to Maintain Fuel Supplies

    Islamabad, March 5 Pakistan is considering various measures, including weekly revisions to petroleum prices, compensating oil companies, and mandatory work-from-home arrangements, to "maintain market liquidity" amid disruptions in trade following the closure of the Strait of Hormuz, a media...
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    Russia and India Strengthen Energy Ties Despite US Concerns

    New Delhi, March 5 Russia has always been open to supplying crude oil to India, Russian Ambassador Denis Alipov said on Thursday, amid growing concerns over soaring prices of petroleum products in the context of the West Asia crisis.Global oil and gas prices have surged after Iran has...
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    KSE-100 Index Plummets: Largest Single-Day Loss in Pakistan's History

    Karachi, March 2 The Pakistan Stock Exchange recorded its biggest single-day drop on Monday when the KSE-100 benchmark index plunged by 16,089.17 points.The KSE-100 index fell to 151,972, down 2.99 points, representing a 9.57 per cent drop from its previous close, the largest single-day loss...
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    Inflation Surges: Pakistan Increases Fuel Costs

    Islamabad, February 16 – The Pakistani government has increased the prices of petrol and high-speed diesel by Pakistani Rupees (PKR) 5 and PKR 7.32 per liter, respectively, until the end of February, local media reported on Monday.In a late-night announcement on Sunday, the petroleum division...
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