Government cuts petrol by Rs 3, diesel by Rs 7 for one day
Petrol falls to Rs 335 a litre and high-speed diesel to Rs 364 from midnight for 12 November only, as Peshawar pumps stop selling after the cut.
The federal government cut the price of petrol by Rs 3 a litre and high-speed diesel by Rs 7 a litre, rates the Petroleum Division set for a single day, 12 November, in a notification issued on 11 November.
Petrol falls from Rs 338 to Rs 335 a litre and high-speed diesel from Rs 371 to Rs 364. The new prices took effect at midnight.
The Petroleum Division said the Oil and Gas Regulatory Authority made the adjustment under the mechanism the federal government has laid down, taking into account movement in international prices, Platt's rates, the premium and other costs. Prices have been set daily since the Middle East crisis, with the rates held over on Saturdays and Sundays, according to the division.
The cut follows a larger one on 10 November, when the government reduced petrol by Rs 8 and diesel by Rs 7, taking them to Rs 338 and Rs 371. On 6 November it cut petrol by Rs 6.59 and diesel by Rs 4.25 for the four days from 7 to 10 November, setting them at Rs 346 and Rs 378.
Aaj News reported that petrol has been cut 37 times and raised 39 times since 17 July, while high-speed diesel has been cut 33 times and raised 45 times over the same period.
In Peshawar, most filling stations stopped selling after the reduction was announced, Express News reported. Pumps in Haji Camp, Sardar Garhi, GT Road, Gulbahar and Warsak Road put up boards saying they were under repair, according to the report, and residents said thousands of litres remained in the tanks without being sold.
Residents said the pump owners had held back supply while waiting for a further change before the night was out, and asked the commissioner and deputy commissioner of Peshawar to visit the stations and act against those that had stopped selling. UrduPoint carried the same account of the closures and the same list of areas.
On 13 September, Prime Minister Shehbaz Sharif announced relief of Rs 100 a litre on petrol for users of motorcycles, rickshaws, Chingchi rickshaws and cars up to 800cc, to soften the effect of expensive fuel.
How the reports differ
Aaj News led with the Petroleum Division's notification, the new per-litre rates and a count of price changes since 17 July, and did not report any disruption at the pumps. Express News and UrduPoint led instead with Peshawar filling stations stopping sales, quoting residents who alleged the pump owners held back stock, and carried no new price figures. Both named the same five Peshawar areas: Haji Camp, Sardar Garhi, GT Road, Gulbahar and Warsak Road.
Petrol cut by Rs8 a litre, diesel by Rs7 from midnight
OGRA's notification fixes petrol at Rs338 per litre and high-speed diesel at Rs371 for the November 11 pricing cycle, with the new rates applying from midnight.
Government cuts petrol by Rs8, diesel by Rs7 a litre
OGRA's notification fixes petrol at Rs338 and high-speed diesel at Rs371 from November 11, after a Rs6.59 cut the previous week.
Goods transporters cut freight charges by 5 percent
The All Pakistan Goods Transport Ittehad says the cut follows four to five days of petrol and diesel price reductions and wants prices lowered further.
Petrol may drop Rs15 a litre as refineries take the burden
Petroleum Minister Ali Pervaiz Malik says the new import-parity formula puts a Rs15 billion monthly cost on local refineries, which say they were not consulted.
ECP lists 160 parties, several without a named chief
PTI, MQM, PkMAP, TLP and Pakistan Sunni Tehreek appear in the updated record without a party head, and the commission says the PkMAP case is still pending.
Pakistan will process minerals at home, not export raw ore, Dar says
The third Pakistan Minerals Investment Forum in Islamabad drew participants from more than 60 countries, and the deputy prime minister cited Reko Diq as the model.
Army says Pakistan ready to defend Saudi Arabia under Mecca alliance
DG ISPR Lieutenant General Ahmed Sharif Chaudhry told Asharq Al-Awsat that Pakistani troops are already in the kingdom and support will continue as needed.
New auto policy sets $6bn export target, binding localisation rules
The adviser to the prime minister on industries says assemblers that fall short of minimum domestic value addition will pay three extra percentage points of duty on CKD imports.