Government Admits Global Oil Prices Have Fallen Amid Public Calls for Relief

Pakistan News Desk June 28, 2026

First Published 3 days ago

🔴 Live Update 2 days ago21 Updates by 9 sources

The government has acknowledged a decrease in global oil prices. This admission comes as the public is demanding an immediate reduction in the domestic price of petrol.

Despite the fall in international markets and public calls for relief, petrol prices in Pakistan have not been lowered. The specific reasons for the price stability have not been officially detailed.

Latest Updates

Updated: 10:28 PM PKT — June 28, 2026

The debate over fuel prices continued on June 28, with Ikhtiar Wali Khan suggesting there could be more relief on petrol prices for the public. The issue has also reportedly created a controversy between the government and independent experts regarding the price reduction. Separately, Muzammil Aslam has expressed a strong reaction to petrol remaining expensive in Pakistan despite a fall in global oil prices.

Updated: 9:54 PM PKT — June 28, 2026

Minister of State for Petroleum Ali Pervaiz Malik has commented on a controversy involving oil marketing companies, according to reports on June 28.

Updated: 7:37 PM PKT — June 28, 2026

Following the government’s announcement of a reduction in fuel prices, reports on June 28 indicate that some are demanding a return to previous, lower rates, suggesting dissatisfaction with the scale of the price cut.

Updated: 3:06 PM PKT — June 28, 2026

The government has announced a cut in the price of petrol, with available reports on June 28 describing the move as a significant relief for the public.

Minister for Power and Petroleum Ali Pervaiz Malik has commented on the fuel price situation, stating that petrol and diesel prices have not yet returned to pre-war levels.

Jump to source: