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Fuel imports: USD1bn can be saved by adding 30,000 REEVs annually, experts say

ISLAMABAD: Auto Industry experts said that Pakistan could save over USD 1 billion in fuel imports over five years by adding 30,000 range-extended electric vehicles (REEVs) annually, highlighting the potential of electric mobility to reduce household transport costs and the country’s dependence on imported petroleum. The projected adoption would build a fleet of 150,000 vehicles by the fifth year.…

Fuel imports: USD1bn can be saved by adding 30,000 REEVs annually, experts say

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Diesel prices may drop by P1/L next week, gasoline and kerosene seen up

A mixed price adjustment on local oil and fuel products is expected next week, the Department of Energy said.

  • Diesel prices may drop by P1/L next week due to last week's rollback
  • Gasoline and kerosene prices expected to increase by P1.50/L and P2/L respectively
  • Potential price adjustments in October due to China's refined product suspension

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