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"path": "/latest/petroleum-minister-vows-to-pass-on-benefit-of-global-oil-prices/",
"publishedAt": "2026-06-27T07:09:55.000Z",
"site": "https://humenglish.com",
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"textContent": "WEB DESK: The federal minister for petroleum, Ali Pervaiz Malik, said on Saturday that the government will pass on the benefit of international oil prices to consumers while meeting its international obligations.\n\nThe federal government decided to keep petrol and high-speed diesel prices unchanged for the latest pricing period, as international oil markets remained relatively stable following the easing of tensions between the United States and Iran.\n\nMalik made the statement in a post on the social media platform X, sharing the international Platts benchmark prices for petrol and high-speed diesel for the week of 22 to 26 June.\n\nhttps://twitter.com/AliPervaiz450/status/2070732247939051890?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E2070732247939051890%7Ctwgr%5E5aec4c569b6f3361f64227aad64acfa2acf1f880%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.brecorder.com%2Fnews%2F40427419\n\n#### Platts benchmark prices\n\nPetrol prices ranged between $90.36 and $98.35 per barrel. High-speed diesel prices ranged between $104.79 and $109.09 per barrel.\n\nThe minister said the government is neither favouring any sector nor placing a burden on another. He added that the government remains committed to extending relief to consumers within the framework of Pakistan’s international commitments.\n\n#### Record of price reductions\n\nMalik highlighted that Prime Minister Shehbaz Sharif has reduced the price of diesel by Rs200 per litre and petrol by Rs155 per litre.\n\nThe remarks follow the federal government’s decision on Friday to maintain existing petroleum product prices. Motor Spirit (petrol) remains at Rs299.50 per litre and high-speed diesel at Rs311.47 per litre, according to a notification from the Ministry of Energy (Petroleum Division).\n\nThe post Petroleum minister vows to pass on benefit of global oil prices appeared first on HUM News English.",
"title": "Petroleum minister vows to pass on benefit of global oil prices"
}