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Explore the latest updates and insights into the petroleum industry, including global trends, fuel prices, production techniques, and innovations in energy resources. Stay informed about the impact of petroleum on the economy and environment, along with news on oil and gas companies worldwide.
The petrol price increase in Pakistan is expected from November 16, as the petroleum industry has proposed a notable adjustment in fuel rates for the second half of the month. According to sources, the Oil and Gas Regulatory Authority (OGRA) will review these recommendations before sending a summary to the federal government for final approval….
The federal government announced new fuel rates. The revised prices are for the next fortnight. They are effective starting September 16, 2025. This decision was released on Sunday. The Ministry of Finance issued a notification. Petrol Price Remains Unchanged The price of petrol will remain stable. It is unchanged at Rs264.61 per litre. This is…
US Sanctions Target Iran’s Oil Trade and Transportation United States has recently imposed stringent sanctions on Iran’s oil sector. A major step in response to Iran’s missile attack on Israel. These sanctions aim to disrupt Iran’s ability to fund its missile and nuclear programs, preventing further military aggression in the region. By targeting key companies…
Petroleum Product Prices Reduced In Pakistan The Petroleum Product Prices Reduced by the federal government of Pakistan. New rates will apply for the next 15 days. The reduction is expected to bring relief to the public, as the cost of essential fuels has significantly dropped. The government has kept the price of petrol at Rs…
U.S. Import Prices Rise on Fuel Costs: Inflation Risks Loom In November 2024, U.S. import prices rose by 0.1%, defying the expectations of a 0.2% decline. This unexpected increase, primarily driven by higher fuel costs, is raising concerns about potential inflationary pressures, complicating the Federal Reserve’s strategy in combating inflation. The rise in import prices…
On behalf of the undersigned organizations and the millions of members, supporters and
activists across America whom we collectively represent, we write to urge your support
for the Save Local Business Act.