Long queues at petrol pumps across Pakistan

[ad_1] Islamabad: Rumours of a massive hike in petrol prices resulted in long queues at petrol pumps in many parts of Pakistan, local media reported. According to reports being shared on social media, the prices of petrol and diesel are expected to go up by anywhere between Rs 45 toContinue Reading

Petrol stocks may dry up in Pakistan

[ad_1] Islamabad: The Petroleum Division has warned the State Bank of Pakistan (SBP) that the stocks of petroleum products may dry up as banks are refusing to open and confirm Letters of Credit (LCs) for imports. Like other sectors, the oil industry in Pakistan is facing hurdles to opening LCsContinue Reading