No Result
View All Result
Tuesday, July 29, 2025
MM News
اردو
  • Home
  • Latest News
  • National
  • Dramas
  • Showbiz
    Rajab Butt

    Explicit videos of Rajab Butt’s close friends leak, stirring social media outrage

    TV Anchor

    Missing TV anchor’s car found in Diamer flood debris, search for family continues

    Sardaar Ji 3

    Celebrities gather to celebrate Hania Aamir’s blockbuster film success

    Netflix August 2025

    Here’s what’s coming to Netflix in August

    Honey Singh

    After their last hit, Honey Singh and Shehnaaz Gill to share screen again

    Dr. Salunkhe

    CID Season 2, Episode 63 marks Dr. Salunkhe’s comeback

  • Thought Box
  • Business
  • Opinions
  • Technology
  • The Other Side
MM News
  • Home
  • Latest News
  • National
  • Dramas
  • Showbiz
    Rajab Butt

    Explicit videos of Rajab Butt’s close friends leak, stirring social media outrage

    TV Anchor

    Missing TV anchor’s car found in Diamer flood debris, search for family continues

    Sardaar Ji 3

    Celebrities gather to celebrate Hania Aamir’s blockbuster film success

    Netflix August 2025

    Here’s what’s coming to Netflix in August

    Honey Singh

    After their last hit, Honey Singh and Shehnaaz Gill to share screen again

    Dr. Salunkhe

    CID Season 2, Episode 63 marks Dr. Salunkhe’s comeback

  • Thought Box
  • Business
  • Opinions
  • Technology
  • The Other Side
No Result
View All Result
No Result
View All Result
MM News
اردو
  • Latest
  • Showbiz
  • Thought Box
  • Business & Stock
  • Opinions
  • Technology
  • The Other Side-Pakistan
Home Opinion & Editorial Opinion

Downing international oil market

Maria Razzaque by Maria Razzaque
September 10, 2022

The price of oil in the international market is facing a downward trend for almost a week as the market focused on the worries about the further China Covid-19 restrictions.

Brent oil futures closed under $100 a barrel for the first time in three months as recession worries cloud the near-term outlook for crude demand. The contract for the international oil benchmark for September delivery tumbled 7.1 percent to $99.49 a barrel.

Currently, fuel prices in Pakistan are very high, the incumbent government had been jacking up the prices citing an international market hike, but when the prices are coming down, Finance Minister Miftah Ismail said they will provide relief to the masses if the downward trend continues?

What kind of logic is this? when the prices go up, the government jacks up the prices with ain twinkling of an eye, but when it goes down, we hear such statements!.

Punjab by-election is coming near, scheduled to take place on July 17, the first move of the Punjab govt went into the vein as the ECP suspended Punjab CM Hamza’s relief program now it has been sensed that the federal government is mulling over slashing oil prices in the country in a move to hit two prey with one arrow…  The slashing of oil prices will put the popularity graph of the government bit high among the masses and it can also bring good results for the PML-N in the upcoming Punjab by-polls. 

Sources said Prime Minister Shehbaz Sharif has sought a summary to reduce the price of petroleum products by up to Rs40.

He asked the ministries of finance and petroleum to present a summary to him for approval, adding that the people deserved relief after passing through difficult times.

Interesting thing is that the move cannot be challenged as the government will say that prices have been slashed as per the international market as they had been jacked up in the past. 

All the speculations in this regard will come to an end today (Thursday), at midnight as according to the law, the prices will be retained or changed for the next 15 days.

ShareTweetSendShare
Previous Post

What is COVID BA.5 variant and why is it reinfecting so many people?

Next Post

Drowning Balochistan

Related Stories

Opinion

From Sects to Sunnah

July 15, 2025
Opinion

Portugal and Pakistan: Building a Bilateral Bridge in a Fractured World

June 29, 2025
Opinion

A Peace Prize for Betrayals: Rethinking Pakistan’s Strategic Alliances

June 28, 2025
Opinion

“Run Lola Run” – More than a movie to cultural bridging

June 27, 2025
Opinion

Ceasefire or a Smokescreen? The US-Iran Next Dialogue of Disillusions

June 26, 2025
Opinion

Israel-Iran War and Supply Chain of World Economy

June 25, 2025
Opinion

Unleashed Modern-day Holocaust and the Global Collapse

June 23, 2025
Opinion

Firestorm in the Middle East: Global Stakes on Exploding Frontlines

June 19, 2025
Opinion

A Celebration of Shared Struggle and Future Aspirations

June 17, 2025
Opinion

A Strategic Leap, Not Just A Flight

June 16, 2025
Next Post

Drowning Balochistan

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Trending Stories

PTI Leaders disqualified
National

ECP disqualifies PTI’s Ejaz Chaudhry, Ahmad Chattha, and Ahmad Khan Bhachar

by MM News Staff
July 28, 2025
Rajab Butt
Daily Buzz

Explicit videos of Rajab Butt’s close friends leak, stirring social media outrage

by MM News Staff
July 28, 2025
Kasur girl
Crime

Viral video sparks outrage: Police arrest suspect for abusing minor girl in Kasur

by MM News Staff
July 28, 2025
Sugar
Business & Stock

Govt takes major decision to tackle sugar crisis

by MM News Staff
July 28, 2025
Bill Gates
Technology

AI is advancing too fast for humans to adapt: Bill Gates

by MM News Staff
July 28, 2025

Opinion

nadeem moulvi
From Sects to Sunnah
July 15, 2025
- Nadeem Moulvi
Munir-Ahmed
Portugal and Pakistan: Building a Bilateral Bridge in a Fractured World
June 29, 2025
- Munir Ahmed
munir ahmed oped
A Peace Prize for Betrayals: Rethinking Pakistan’s Strategic Alliances
June 28, 2025
- Munir Ahmed
No posts found
See all

Weather Updates

file photo
Top News

NDMA issues alert for heavy rains, urban flooding in northern areas

by APP
July 28, 2025

A fresh spell of intense monsoon rains is forecast to hit northern Pakistan from...

Rescue personnel evacuate villagers by boat from a flooded village following heavy rains in the Taunsa district of Punjab on July 16, 2025. — AFP

Thousands displaced, crops destroyed as floods wreak havoc in Punjab

July 27, 2025
File photo

KP issues travel advisory amid monsoon showers

July 26, 2025
Image: file photo

Weather updates for Islamabad, other parts of country

July 26, 2025
See all

Prices

Sugar
Business & Stock

Govt takes major decision to tackle sugar crisis

by MM News Staff
July 28, 2025

To control the sugar crisis in the country, the federal government has made a...

representative image

Gold prices in Pakistan today- Monday 28 July 2025

July 28, 2025

Karachi residents pay the highest price for flour in Pakistan

July 27, 2025
representative image

Gold prices in Pakistan today- Sunday 27 July 2025

July 28, 2025
See all

Transport News

Chakwal
Crime

Tragic bus crash in Chakwal: 6 dead, 24 injured near Dhok Sial

by MM News Staff
July 27, 2025

A bus fell into a ravine near Dhok Sial on the motorway in Chakwal,...

Charged Parking

Has the Sindh government put an end to parking fee extortion?

July 25, 2025

E-Taxi scheme launch date unveiled in Punjab

July 24, 2025
(File Photo)

Air Arabia Abu Dhabi expands operations in Pakistan with new Faisalabad, Multan flights

July 24, 2025
See all

MM Digital (Pvt.) Ltd.

MM News is a subsidiary of the MM Group of Companies. It was established in 2019 with the aim of providing people of Pakistan access to unbiased information. Contact Details: 03200201537

Quick Links

  • Home
  • Advertise
  • MM News Urdu
  • The Other Side-Pakistan
  • Contact Us
  • Privacy Policy

Top Pages

  • Latest News
  • Showbiz
  • OP-ED
  • Technology
No Result
View All Result
  • Latest News
  • Showbiz
  • Thought Box
  • Business
  • Opinions
  • Technology

© Copyright 2024 MMNews - All Rights Reserved.