Day: September 1, 2025

LPG prices dip

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ISLAMABAD: The average dollar exchange rate has slightly decreased by 0.69 percent, resulting into a decrease in LPG consumer price by Rs.13.89/11.8 kg cylinder (0.54 percent). The per Kg decrease in LPG consumer price is Rs.1.17 for September 2025. The LPG producer price is linked with Saudi Aramco-CP and US$ dollar exchange rate. As compared to previous month Saudi Aramco-CP has remain unchanged. On month to month basis, the domestic LPG cylinder price has decreased by Rs 13.89 as compared with previous month (August). The new price of LPG domestic…

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HSD price cut by Rs3, petrol kept unchanged

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ISLAMABAD: Federal government has announced to keep the ex-depot price of petrol unchanged, while the prices of other petroleum products have slightly reduced for fortnight starting from September 1, 2025. According to a statement released by Finance Division states in view of the recommendations of Oil and Gas Regulatory Authority (OGRA) and relevant ministries, government has decided to maintain the price of petrol at Rs 264.61 per litre. The ex-depot price of high speed diesel (HSD) has reduced by Rs 3 per litre to Rs 269.99 per litre from Rs…

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Oil rises on weaker dollar and Russian supply disruptions

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LONDON: Oil rose by more than 1% on Monday on concern over supply disruptions stemming from intensified Russia-Ukraine airstrikes as well as a weaker dollar. Brent crude was up 80 cents, or 1.2%, at $68.28 a barrel at 1335 GMT. U.S. West Texas Intermediate crude also rose 80 cents, or 1.3%, to $64.81. Trading is expected to be muted because of a U.S. public holiday. Brent and WTI crude registered their first monthly declines in four months in August, losing 6% or more on increased supply from the OPEC+ producer…

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Saudi Aramco, Iraq’s SOMO halt crude sales to Indian refiner Nayara, sources say

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Oil-Price

NEW DELHI: Saudi Aramco and Iraq’s state oil company SOMO have stopped selling crude oil to India’s Nayara Energy in the aftermath of sanctions imposed in July by the European Union on the Russian-backed refiner, three sources familiar with the matter said. The halting of supply from the two Gulf exporters means Nayara, majority-owned by Russian entities including oil major Rosneft, relied entirely on Russia for its crude oil imports in August, according to sources and LSEG shipping data. Nayara typically receives around 2 million barrels of Iraqi crude and…

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IESCO CEO Conducts Surprise Visits to Customer and Complaint Offices

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Power-Tariff

ISLAMABAD: Chief Executive Officer of Islamabad Electric Supply Company (IESCO), Engineer Ch Khalid Mahmood, along with senior management, paid surprise visits to Customer Facilitation Centres and Complaint Offices across the region. During the visits, he interacted directly with consumers, listened to their concerns, and reviewed the quality of services being provided by IESCO’s field staff. The CEO reaffirmed that there would be no compromise on delivering timely and efficient services. “Our top priority is to win the trust of consumers by ensuring transparency, efficiency, and customer-friendly facilities,” he stated. He…

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