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  2. Pakistan looks to tame high inflation with fuel price cuts - PM

    www.aol.com/news/pakistan-looks-tame-high...

    The Pakistani government is looking to tame inflation with fuel price cuts and a price-control mechanism, caretaker Prime Minister Anwaar ul Haq Kakar said on Monday. ... October 16, 2023 at 10:34 ...

  3. Gasoline and diesel usage and pricing - Wikipedia

    en.wikipedia.org/wiki/Gasoline_and_diesel_usage...

    While prices have come down since the peak in June, prices were beginning to tick up again. Gas prices hit $3.79 a gallon the week of September 29, 2022, up from $3.73 on September 23, 2022 — an increase of $0.06 per gallon over the last week. [14] Since October 10, 2022, the price of gasoline has gone down again.

  4. 2023 in Pakistan - Wikipedia

    en.wikipedia.org/wiki/2023_in_Pakistan

    21 March – 2023 Afghanistan–Pakistan earthquake, Parts of Afghanistan and Pakistan were hit by a strong earthquake measuring 6.8 on the Richter scale, resulting in casualties and property damage. At least 11 people died in Pakistan, and a total of ten deaths were reported in Afghanistan and Pakistan combined as a result of the earthquake.

  5. Inland Freight Equalization Margin - Wikipedia

    en.wikipedia.org/wiki/Inland_Freight...

    The Inland Freight Equalization Margin (IFEM) is a regulatory measure implemented in Pakistan to equalize the price of petroleum products across different regions of the country. [ 1 ] [ 2 ] It includes the costs for refineries to transport crude oil from its source to their facilities, as well as the expenses for Oil Marketing Companies (OMCs ...

  6. Pakistan Latest: Fuel Prices Raised to Meet Major IMF ... - AOL

    www.aol.com/news/pakistan-latest-fuel-prices...

    (Bloomberg) -- Pakistan’s government increased local fuel prices from Friday to meet a key condition set by the International Monetary Fund for reviving its bailout program after talks with the ...

  7. 2021–2023 inflation surge - Wikipedia

    en.wikipedia.org/wiki/20212023_inflation_surge

    Analysis conducted by NerdWallet on October 2023 data found that prices for 92 of the 338 goods and services measured in CPI had declined from one year earlier, representing deflation for those items. [162] The Farm Bureau annual survey found the average cost of a Thanksgiving dinner would be down 4.5% from 2022. [163]

  8. Pakistani economic crisis (2022–present) - Wikipedia

    en.wikipedia.org/wiki/Pakistani_economic_crisis...

    Pakistan has experienced an economic crisis as part of the 2022 political unrest. It has caused severe economic challenges for months due to which food, gas and oil prices have risen. As of 24 November 2024 Pakistan inflation rate was 4.9% lowest in 6.5 years. The Russian invasion of Ukraine has caused fuel prices to rise worldwide. Excessive ...

  9. Airlines are passing on fuel price hikes to travelers as ...

    www.aol.com/finance/airlines-passing-fuel-price...

    "With Delta achieving an all-time record in single-day cash sales last week, management is increasingly confident in its ability to pass 100% of higher fuel costs to fare prices in 2Q22," the ...