ISLAMABAD: Pakistan has announced that petroleum prices in the country will be adjusted daily to tackle the uneven fluctuation in oil prices triggered by the ongoing conflict in West Asia. The government had started fixing prices on a weekly basis since the start of the US-Iran war in late February»»»

Prime Minister Shehbaz Sharif on Thursday directed the authorities concerned, in coordination with the provincial governments, to take strict action against those responsible for creating an artificial shortage of petroleum products in the market. Chairing a high-level meeting on the economic impac»»»

ISLAMABAD: Pakistan’s oil supply chain players appeared nervous as petrol stocks declined to a 14-day cover on Thursday, prompting the government to urgently address procedural issues and activate enforcement mechanisms to discourage hoarding for profiteering in the market. The decline comes amid r»»»