coin-img-BTCBTC-2.02%coin-img-SOLSOL-1.77%coin-img-USDCUSDC+0.01%coin-img-XRPXRP-1.56%coin-img-UBOXUBOX-13.16%coin-img-HYPEHYPE-6.48%coin-img-ULTIMAULTIMA+2.40%coin-img-ETHETH-1.96%coin-img-BTCBTC-2.02%coin-img-SOLSOL-1.77%coin-img-USDCUSDC+0.01%coin-img-XRPXRP-1.56%coin-img-UBOXUBOX-13.16%coin-img-HYPEHYPE-6.48%coin-img-ULTIMAULTIMA+2.40%coin-img-ETHETH-1.96%coin-img-BTCBTC-2.02%coin-img-SOLSOL-1.77%coin-img-USDCUSDC+0.01%coin-img-XRPXRP-1.56%coin-img-UBOXUBOX-13.16%coin-img-HYPEHYPE-6.48%coin-img-ULTIMAULTIMA+2.40%coin-img-ETHETH-1.96%coin-img-BTCBTC-2.02%coin-img-SOLSOL-1.77%coin-img-USDCUSDC+0.01%coin-img-XRPXRP-1.56%coin-img-UBOXUBOX-13.16%coin-img-HYPEHYPE-6.48%coin-img-ULTIMAULTIMA+2.40%coin-img-ETHETH-1.96%
user-avatar
The Express Tribune

Pakistan’s OGRA raises August LPG price to Rs254 per kg; 11.8kg cylinder set at Rs3,001

AI Market Summary
Pakistan's OGRA raised regulated LPG prices for August, tightening domestic energy costs. Globally, crude markets showed mixed drivers: Middle East conflict risks persist, but improved flows through the Strait of Hormuz reduced near-term supply disruption fears. As a result, Brent and WTI fell on the day despite remaining up roughly 20% over the month, highlighting heightened headline sensitivity and two-way volatility in energy.
Impact level
● Medium
Affected assets
NCCO1OILBRENT2USD/USDT+5.74%
AI Insight · NCCO1OILBRENT2USD/USDTAI Insight
● Neutral
Trade now
⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
Pakistan’s Oil and Gas Regulatory Authority (OGRA) said LPG prices will rise from August, setting the 11.8kg household cylinder at Rs3,001. The regulator also lifted the per-kilogram rate to Rs254 for August. In the oil market, crude futures fell in a single session as supplies continued moving through the Strait of Hormuz despite ongoing geopolitical strains. Even so, Brent and WTI were still on track for monthly gains of about 20%.
Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.
Commodity

Risk Warning

Cryptocurrencies and their derivatives are innovative financial products with great volatility and high investment risks.

Although BingX is committed to providing users with easy-to-use trading tools, trading itself is still a highly sophisticated field. Trading digital assets and their derivatives are subject to high market risk and price volatility and may result in partial or total loss of account funds. You must carefully consider and exercise clear judgment to evaluate your financial situation and the aforementioned risks before using BingX Services. You shall be responsible for all losses arising therefrom. If necessary, please consult relevant professionals to make informed decisions before investing. By accessing, downloading, using or clicking on "I agree" to accept any BingX Services provided by BingX, you agree that you have read, understood and accepted all of the terms and conditions stipulated in BingX Terms of Use as well as our Privacy Policy.


Trading by copying or replicating the trades of other traders involves a high level of risks, even when copying or replicating the top-performing traders. Past performance of a BingX community member is not a reliable indicator of his future performance. Content on BingX's trading platform is generated by members of its community and does not contain advice or recommendations by or on behalf of BingX.