OGRA to set petroleum prices daily under new pricing mechanism
The federal government has decided to shift petroleum pricing authority to the Oil and Gas Regulatory Authority (OGRA), allowing the regulator to set daily prices of petroleum products in accordance with international market movements.
July 18, 2026 (MLN): The federal government has decided to shift petroleum pricing authority to the Oil and Gas Regulatory Authority (OGRA), allowing the regulator to set daily prices of petroleum products in accordance with international market movements. Minister for Petroleum Ali Pervaiz Malik, flanked by Minister for Information and Broadcasting Attaullah Tarar, disclosed this at a joint press conference in Isla...