Pakistan's energy vulnerability is highlighted as Petroleum Minister Musadik Malik revealed that Islamabad possesses only a few days of cru...

Asia is experiencing energy shocks similar to the 1970s oil crises, with rising fossil fuel costs impacting consumers and industries. This ...

The Iran war's economic ripple effect is hitting emerging markets hard, two months on. Rising inflation, trade disruptions, and fiscal stra...

Asian nations are grappling with prolonged energy supply strains due to the Middle East conflict, prompting governments to implement costly...

The latest global energy shock highlights the risks of fuel import dependence, with Bangladesh hit hard by soaring LNG costs after supply d...

Pakistan will reduce petrol prices by 80 rupees per liter to 378 rupees. This cut comes from the government's petroleum levy. The decision ...

Pakistanis are currently facing an unprecedented spike in fuel prices, with petrol and diesel rates soaring due to escalating global oil co...

Pakistan petrol, diesel prices: The petrol price in cash-strapped Pakistan has increased to PKR 458.40 rupees per litre and diesel has brea...

Pakistan will default if the government does not abolish the subsidies on petroleum products, Finance Minister Miftah Ismail has said, warn...

Fuel prices rose 20% on Friday, causing long lines to form at filling stations as the news spread. The new price of petrol will be 179.86 r...

After the increase, the price of petrol will be at Rs 179.85, diesel at Rs 174.15, kerosene at Rs 155.95 and light diesel at Rs 148.41.

Informed sources said the talks opened on a healthy note as the two sides appeared converging to key principles -- separating the state's e...

The yardstick by which the people would judge the new government would be how it manages inflation, whether there are increases in fuel pri...

Apart from examining the federal government's plan regarding subsidies on petroleum products, electricity and gas, the IMF delegation will ...

The Pakistan Tehreek-e-Insaf government and the IMF had signed a 39-month Extended Fund Facility (July 2019 to September 2022) with a total...

Launching its latest 'South Asia Economic Focus Reshaping Norms: A New Way Forward' on Wednesday, the World Bank's Chief Economist for Sout...

Spiralling prices for food and fuel have claimed their first political casualties in Malaysia and Pakistan, and threaten other Asian govern...