Pakistan to revise petrol, diesel prices daily as West Asia conflict fuels oil market volatility

Pakistan will revise petrol and diesel prices daily instead of weekly, per approval by the federal cabinet.

The change aims to respond quickly to volatile global oil markets amid the West Asia conflict.

Oil and Gas Regulatory Authority (OGRA) will determine fuel prices on a daily basis.

Petrol pump owners have opposed the move and threatened protests.

Petroleum Minister Ali Pervaiz Malik and Information Minister Attaullah Tarar announced the decision.