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- POLICY & REGULATION
Pakistan urges refineries to explore Libyan crude imports
Petroleum Minister Ali Pervaiz Malik says Pakistan has encouraged domestic refineries to consider Libyan crude, as a Turkish seismic vessel prepares to begin work in the Indus Basin.
MARKETSIndian shares set to open higher as oil eases and RBI supports rupee
GIFT Nifty futures pointed to a firmer open after the Nifty 50 ended a 25-year record weekly losing run, with Brent easing and the RBI unveiling new steps to support the rupee near record lows.
NEWSSPI inflation stays near 12% as wheat flour and petrol lift prices
Pakistan's Sensitive Price Indicator rose 0.57% week-on-week and 11.97% year-on-year in the week ended 8 October 2026, Pakistan Bureau of Statistics data show, with wheat flour, chicken and petrol leading gains.
NEWSAurangzeb says IMF fuel subsidy concerns not conveyed to him
Finance Minister Muhammad Aurangzeb said he had not been informed of the IMF's call to phase out Pakistan's fuel support scheme, and said the targeted subsidy scheme had benefited around 10.2 million people.
MARKETSIndia's central bank moves oil firms' dollar demand off spot market
The Reserve Bank of India will supply dollars directly to three state-run oil marketers and has raised the cost of hedging, as the rupee hovers near record lows after falling more than 7% this year.
NEWSPetrol cut to Rs398.30 a litre as diesel rises to Rs396.24
The government cut petrol by Re0.66 to Rs398.30 a litre and raised high-speed diesel by Re0.52 to Rs396.24, according to reported notification figures that conflict with separate daily price data.
MARKETSIndian rupee firms as central bank intervenes and oil prices retreat
The rupee rose 0.2% to 96.61 per dollar, with traders saying the central bank likely intervened near 96.80. Brent fell about 1.5% after Donald Trump said he would not attack Iran before US elections.
- MARKETS
Sensex closes at 32-month low as oil surge and foreign selling bite
India's Sensex closed at a 32-month low and the Nifty 50 fell 1.64% as Brent crude topped $104 a barrel, the rupee weakened and foreign investors extended a record selling run.
MARKETSNasdaq, S&P 500 slip from record highs as yields and oil rebound
The Nasdaq and S&P 500 retreated from record highs as Brent crude rose back above $100 a barrel and 30-year Treasury yields touched their highest since 2002, with investors awaiting Fed minutes.
MARKETSPakistan raises petrol price by Rs1.82, cuts diesel by 91 paisa
OGRA has revised ex-depot prices effective 8 October 2026, taking petrol to Rs396.65 and high-speed diesel to Rs394.94 a litre, as Brent crude held above $100 a barrel.
- MARKETS
Oil slips as Middle East exports rise and G7 releases reserves
Brent fell 0.65% to $101.59 a barrel as rising Middle East crude exports and a G7 plan to release 100 million barrels from emergency reserves eased supply concerns.
- POLICY & REGULATION
IMF conditionally agrees to Pakistan fuel subsidy, seeks smaller-vehicle limit
The IMF has conditionally agreed to Pakistan's proposed fuel subsidy, asking that it be limited to smaller vehicles, and seeks sugar industry deregulation and an end to electric vehicle tax exemptions.
MARKETSPetrol rises to Rs393.64 a litre as diesel falls to Rs397.76
The federal government raised petrol by 88 paisa to Rs393.64 a litre from October 6, 2026, and cut high-speed diesel by Rs1.88 to Rs397.76. Petrol has risen Rs6.24 since October 1.
- MARKETS
Petrol up 88 paisas, diesel down Rs1.88 for October 6 in Pakistan
The Petroleum Division fixed petrol at Rs393.64 and high-speed diesel at Rs397.76 per litre for October 6, after raising both by Rs2.1 and 30 paisas in the previous revision.
MARKETSIndian rupee seen edging higher as oil slips and Fed hike bets fade
Traders expect the rupee to open around 96.22-96.26 per dollar after settling at 96.3150 on Thursday, though a decisive break of 96 leaves scope for further weakness.
NEWSPakistan plans LPG imports and winter fuel buffer, petroleum minister says
Ali Pervez Malik says a summary has gone to the federal cabinet to ease LPG imports, alongside advance planning for crude oil, petrol, diesel and gas through the winter.
NEWSGovt raises petrol price by Rs2.10, diesel by Re0.30 per litre
The Petroleum Division raised petrol to Rs392.76 and high-speed diesel to Rs399.64 per litre for October 3 to 5, citing international rates, as crude benchmarks fell in the same session.
POLICY & REGULATIONPetrol price rises to Rs392.76 a litre in Pakistan from October 3
Pakistan's Petroleum Division raised petrol by Rs2.10 a litre to Rs392.76 and high-speed diesel by 30 paisas to Rs399.64, effective until October 5, citing international oil markets.
MARKETSIndian rupee set to weaken as oil prices and US yields rise
Traders expect the rupee to open at 95.96-95.98 to the dollar, pressured by elevated oil prices and rising US Treasury yields, with the Reserve Bank of India seen containing losses near 96.
- POLICY & REGULATION
Pakistan trims petrol price by 14 paise, diesel by Rs1.89 a litre
The ex-depot petrol price falls by 14 paise to Rs387.40 a litre and HSD by Rs1.89 to Rs400.35 from October 1, with the regulator citing global events including Platts rates and import costs.
