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petroleum minister

Govt to review petroleum prices on daily basis

Published 18 Jul, 2026 05:03am

ISLAMABAD: Under pressure to explain rising fuel costs as global oil prices surge, the government on Friday...

Petroleum minister rejects ‘preference’ criticism

Updated 28 Jun, 2026 07:26pm

ISLAMABAD: Petroleum Minister Ali Pervaiz Malik on Saturday dismissed the criticism that the government was “giving...

Pakistan likely to cut oil prices as PM directs pass-through of global fall

Published 18 Jun, 2026 11:16am

International oil prices have declined by over 30% in the last 30 days

Malik speaks about diesel pricing formula: ‘Voluntary’ deal reached with refineries

Updated 27 Apr, 2026 09:00am

ISLAMABAD: Petroleum Minister Ali Pervaiz Malik said the change in the diesel pricing formula was not the result of...

Pakistan Railways hikes fares following 20% surge in diesel prices

Published 07 Mar, 2026 03:43pm

Passengers who have already secured their seats through advance bookings will not be charged additional amount

Captive consumers shift to grid: Petroleum minister seeks data from Awais

Updated 06 Mar, 2026 09:28am

ISLAMABAD: Minister for Petroleum and Natural Resources, Ali Pervaiz Malik has approached Power Minister Sardar...

Gas sector reforms: Pakistan govt, World Bank discuss roadmap

Published 18 Dec, 2025 06:28pm

World Bank country director appreciates the Petroleum Division for resolving the long-standing issue of surplus liquefied natural gas.

Pakistan, Kuwait discuss cooperation in petroleum sector

Published 15 Dec, 2025 09:31pm

• Ministers review long-standing petroleum cooperation and explore new avenues of collaboration

Baggage, gift schemes: ECC may tighten imports of 3-year-old cars today

Updated 09 Dec, 2025 12:37pm

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet, scheduled to meet on Tuesday (Dec 9), is...

Petroleum minister meets OMAP, OCAC officials

Published 04 Dec, 2025 06:04am

ISLAMABAD: The Federal Minister for Petroleum, Ali Pervaiz Malik, held a meeting on Wednesday with representatives ...

Govt cuts petrol price by Rs5.66 per litre for next fortnight

Published 15 Oct, 2025 11:48pm

The new prices come into effect from October 16

OGDCL, Gazprom agree to boost partnership

Published 14 Oct, 2025 06:12am

ISLAMABAD: Ali Pervez Malik, Federal Minister for Petroleum, undertook a significant visit to Russia, where he...

Chevron to establish lubricants blending plant

Published 12 Sep, 2025 05:54am

KARACHI: US oil major Chevron has invested $30 million to set up a fully automated lubricants blending plant in...

Govt lifts ban on new RLNG connections, declares climate, agriculture emergencies

Published 10 Sep, 2025 08:13pm

The federal government has decided to lift the long-standing ban on new RLNG-based gas connections while also...

RLNG allocation for domestic sector: Ogra advocates careful evaluation

Updated 02 Sep, 2025 09:40am

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has emphasised that the allocation of Re-gasified Liquefied...

Ogra-determined rates: CCoE set to allow SNGPL, SSGCL to provide RLNG connections

Updated 29 Aug, 2025 09:05am

ISLAMABAD: The Cabinet Committee on Energy (CCoE) is set to allow Sui Northern Gas Pipelines Limited (SNGPL) and Sui...

PL imposition on furnace oil: OICCI urges authorities to engage with key stakeholders

Updated 04 Jul, 2025 04:13pm

ISLAMABAD: Expressing serious concerns over imposition of heavy Petroleum Levy (PL), the Overseas Investors Chamber...

ECC rejects MTT-WOP over flawed financial assumptions

Updated 13 Jun, 2025 09:36am

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has refused to approve...

Retiring Rs50bn loan: ECC seeks SNGPL’s cash flow projections

Updated 10 May, 2025 08:53am

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has sought Sui Northern Gas Pipelines Limited...

Issue of gas shortage echoes in Senate

Updated 21 Jan, 2025 09:02am

ISLAMABAD: In the wake of persistent shortage of natural gas in the country, the federal government has informed the...

Musadik flays PTI, calls for constructive talks on national issues

Published 30 Dec, 2024 07:20am

LAHORE: Federal Minister for Petroleum Dr Musadik Malik has called for dialogue to address national issues, ...

Talks under way to import Russian oil: minister

Published 05 Dec, 2024 06:47am

ISLAMABAD: Pakistan and Russia are actively negotiating the structure of a deal for the import of Russian oil by...

Pakistan defers LNG contract with Qatar for a year, petroleum minister says

Updated 04 Dec, 2024 10:37pm

Development comes amid decline in country's power usage

Govt increases petrol price by Rs3.72, HSD’s by Rs3.29 per litre

Published 30 Nov, 2024 11:51pm

New prices come into effect from December 1, 2024

Overlooked in decision making: Musadik takes aim at top bureaucrats

Published 19 Nov, 2024 06:34am

ISLAMABAD: Minister for Petroleum and Natural Resources, Senator Dr. Musadik Masood Malik is reportedly annoyed with...

‘Economic resurgence’: govt spells out its achievements

Updated 08 Nov, 2024 09:38am

ISLAMABAD: Minister for Petroleum Musadik Masood Malik on Thursday said Pakistan was heading towards the right...

Govt keeps petrol price unchanged, increases diesel’s by Rs5 per litre

Published 16 Oct, 2024 12:11am

New prices come into effect from October 16, 2024

Key indicators showing a positive trajectory: govt

Updated 05 Oct, 2024 09:24am

ISLAMABAD: Federal Minister for Petroleum, Dr Musadik Malik on Friday said the government achieved remarkable...

Settlement of circular debt thru adjustments strong probability

Updated 09 Sep, 2024 09:42am

Deputy PM Ishaq Dar directs Petroleum and Power Division to reassess the plan for settlement of circular debt through cash/ non-cash adjustments

Tiered pricing system: Gas tariff hike spared 66pc of consumers: Musadik

Updated 22 Aug, 2024 09:33am

ISLAMABAD: Petroleum Minister Musadik Malik Wednesday clarified that 66 percent of gas consumers remain unaffected...

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 17	278.16
USD PKR Interbank Buying / Jul 17	277.96
USD to Japanese Yen / Jul 17	162.40
USD to Swiss Franc / Jul 17	0.81
Pound Sterling to USD / Jul 17	1.35
Euro to USD / Jul 17	1.14
SOFR % / Jul 17	3.60

Stock	Volume
S&P 500 / Jul 17	7,457.69
India Sensex / Jul 17	78,151.45
Tokyo Nikkei / Jul 17	64,141.12
Nasdaq / Jul 17	25,520.24
Hang Seng / Jul 17	24,562.24
FTSE 100 / Jul 17	10,600.37
Dow Jones / Jul 17	52,146.42
Germany DAX 30 / Jul 17	24,830.98
France CAC40 / Jul 17	8,338.81

Item	Value
Crude Oil USD/Barrel / Jul 17	82.49
Karachi Cotton PKR/37.32 KG / Jul 17	18,780
Gold 10 Grams PKR / Jul 17	361,656
Gold Spot USD/Ounce / Jul 17	4,017.39
Cotton US¢/pound / Jul 17	78.63
Petrol/Litre / Jul 18	316.15
Diesel/Litre / Jul 18	354.35

Gainers
Losers
Leaders

Stock	Price
Dadabhoy Cement / Jul 17 Dadabhoy Cement Industries Limited(DBCI)	17.01 ▲ 1.55 (10.03%)
Maqbool Textile / Jul 17 Maqbool Textile Mills Limited(MQTM)	37.27 ▲ 3.39 (10.01%)
Ruby Textile / Jul 17 Ruby Textile Mills Limited(RUBY)	17.59 ▲ 1.6 (10.01%)
Crescent Cotton / Jul 17 Crescent Cotton Mills Limited(CCM)	53.68 ▲ 4.88 (10%)
National Silk / Jul 17 The National Silk & Rayon Mills Limited(NSRM)	272.21 ▲ 24.75 (10%)
Olympia Mills / Jul 17 Olympia Mills Limited(OML)	107.72 ▲ 9.79 (10%)
Suhail Jute / Jul 17 Suhail Jute Mills Limited(SUHJ)	223.96 ▲ 20.36 (10%)
TPL Trakker Ltd / Jul 17 TPL Trakker Limited(TPLT)	27.95 ▲ 2.54 (10%)
Baba Farid Sugar / Jul 17 Baba Farid Sugar Mills Limited(BAFS)	418.56 ▲ 38.05 (10%)
Shadman Cotton / Jul 17 Shadman Cotton Mills Limited(SHCM)	50.61 ▲ 4.6 (10%)

Stock	Price
Tariq Corp. (R) / Jul 17 Tariq Corporation Limited(Right)(TCORPR2)	2.61 ▼ -0.98 (-27.3%)
First Punjab Modaraba / Jul 17 First Punjab Modaraba(FPJM)	11.04 ▼ -1.23 (-10.02%)
Khairpur Sug. / Jul 17 Khairpur Sugar Mills Limited(KPUS)	1,871.47 ▼ -207.94 (-10%)
Service Textile / Jul 17 Service Industries Textiles Limited(SERT)	62.27 ▼ -6.92 (-10%)
S.G.Power / Jul 17 S.G. Power Limited(SGPL)	97.59 ▼ -10.84 (-10%)
Fateh Sports / Jul 17 Fateh Sports Wear Limited(FSWL)	150.25 ▼ -16.69 (-10%)
Paramount Spinning / Jul 17 Paramount Spinning Mills Limited(PASM)	10.81 ▼ -1.2 (-9.99%)
Nadeem Tex. / Jul 17 Nadeem Textile Mills Limited(NATM)	77 ▼ -8.16 (-9.58%)
Azgard Nine (Non-Voti) / Jul 17 Azgard Nine (Non-Voti)(ANLNV)	7.54 ▼ -0.78 (-9.38%)
Power Cem(Pref) / Jul 17 Power Cement (Pref)(POWERPS)	23.62 ▼ -2.36 (-9.08%)

Stock	Volume
Cnergyico PK / Jul 17 Cnergyico PK Limited(CNERGY)	85,782,795 ▲ 0.17
TPL Properties / Jul 17 TPL Properties Limited(TPLP)	62,049,582 ▼ -0.58
Pak Refinery / Jul 17 Pakistan Refinery Limited(PRL)	38,330,537 ▲ 2.9
WorldCall Telecom / Jul 17 Worldcall Telecom Limited(WTL)	21,918,262 ▼ -0.03
K-Electric Ltd. / Jul 17 K-Electric Limited(KEL)	18,198,734 ▼ -0.26
Lotte Chemical / Jul 17 Lotte Chemical Pakistan Limited(LOTCHEM)	17,536,542 ▼ -1.23
Hascol Petrol / Jul 17 Hascol Petroleum Limited(HASCOL)	14,404,498 ▼ -0.3
B.O.Punjab / Jul 17 The Bank of Punjab(BOP)	12,314,007 ▼ -0.39
TPL REIT Fund I / Jul 17 TPL REIT Fund I(TPLRF1)	11,439,447 ▼ -0.13
PIA Holding Co.Ltd / Jul 17 PIA Holding Company Limited(PIAHCLA)	10,367,016 ▲ 0.47

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