Prime Comment #42

Daily Fuel Pricing: A Step Towards More Responsive Price Adjustments

On the 17th July, the Federal Cabinet approved a proposal for daily review and notification of fuel prices. Under the updated guidelines, OGRA will determine petrol and fuel pricing using a seven-day rolling average of the international Platts benchmark, import premium, and the prevailing exchange rate. Prices will be updated on weekdays; prices will be the same on Saturday and...