Pak oil & gas regulatory authority to set petrol, diesel pricing
Edited By WION Video Desk
Published: Jul 18, 2026, 09:57 IST | Updated: Jul 18, 2026, 09:57 IST
Pakistan has officially transitioned to a daily petroleum pricing mechanism, moving away from weekly reviews to ensure domestic fuel prices immediately reflect global market fluctuations. Petroleum Minister Ali Pervaiz Malik announced that the Oil and Gas Regulatory Authority (OGRA) is now responsible for setting these daily rates, aiming to bring full transparency to the pricing process by disclosing all cost components.
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