World
Student protests in France focus on school conditions, not immigration
No deaths have been reported during the student protests and school blockades in France.
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energy rates
25 stories
Business
Ministry of Energy seeks review of consumption package after high marginal costs emerge
The weighted average marginal cost reached 27.58/kWh from December through May.
Business
Airlines hint at fare hikes amid rising jet fuel costs
Rising operational expenses due to jet fuel price increases are prompting carriers to review passenger ticket rates.
Business
Govt raises petrol price, cuts diesel rate; new prices take effect Tuesday
The adjustments follow a shift in policy, with the Oil and Gas Regulatory Authority now tasked with daily price setting.
Business
Malik states government cannot sustain petrol subsidies amid global oil shock costs
The Minister warned that unchecked spending risks repeating fiscal difficulties seen in 2022, necessitating resource planning first.
World
US Coast Guard intercepts fuel ship Grace in Caribbean Sea near Cuba
Mexican navy confirmed large fuel amounts in the ballast tanks and several containers aboard the vessel.
Business
European nations agree to release diesel stocks amid market pressure
The proposed 50-million-barrel release represents about 17% of the EU’s total emergency diesel and gasoil stocks.
Business
Short-term inflation surged 11.53% year on year for week ending October 1
Rising fuel costs and sharp increases in vegetable prices continue to pressure consumer spending across the nation.
Business
Oil prices jump as China suspends oil product exports
The market reacted to geopolitical tensions, with the US reportedly increasing military presence in the Middle East region.
Business
Inflation slowed to 10.3% in September; energy prices rose year-on-year
The IMF advised Pakistan to adjust its exchange and interest rate policies amid persistent cost increases.
Technology
Adding 30,000 REEVs annually saves Pakistan over $1 billion in fuel imports
The economic case for this shift was detailed in a policy viewpoint from PIDE in December 2024.
Business
Memon leads campaign on Fuel Relief Package in Islamabad
The initiative, directed by Prime Minister Shehbaz Sharif, targets commuters reliant on smaller vehicles for daily income.