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petrol prices

Pakistan Railways Lowers Ticket Prices After Petrol & Diesel Price Cuts!

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Pakistan Railways Lowers Ticket Prices After Petrol & Diesel Price Cuts!

Pakistan Railways announced a significant cut in train fares due to lower petrol and diesel prices. The aim is to make train travel more affordable amidst rising inflation. The fare reduction aims to support the public during economic challenges. In a move to alleviate the financial strain on the public, Pakistan Railways has announced a … Read more

Petrol Prices likely to decrease in Pakistan – Expected petrol rates from May 16

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Petrol Prices likely to decrease in Pakistan - Expected petrol rates from May 16

Petrol prices in Pakistan may drop on May 16 due to reduced inflation and a stable government. Ogra is expected to recommend lower petrol and diesel prices for the second half of May, pending official approval. International oil price declines are likely to benefit the public in the upcoming pricing review on May 15. In … Read more

Anticipated Petrol Prices in Pakistan Starting May 1, 2024

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petrol prices in Pakistan

Pakistan might find relief from expensive petrol as changes in the global oil market indicate a possible drop. Despite recent increases, petrol prices stood at Rs 293.94 per liter as of April 15, 2024. Policymakers must remain vigilant and adaptable to global market dynamics to ensure stability. Amidst Pakistan’s struggle with inflation and economic challenges, … Read more

Petrol, Diesel Prices Might Decrease in Pakistan By May 1, 2024

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Fuel price in Pakistan may see another big drop from May 16

Global oil market fluctuations hint at a potential decrease in domestic gasoline prices in Pakistan. Analysts predict a downward trend in global petroleum product prices but caution against ongoing volatility. Pakistan’s petroleum pricing strategy is influenced by global oil prices and fuel consumption. As Pakistan grapples with rising inflation, there may be a glimmer of … Read more

Petrol prices likely to increase from March 1

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Petrol prices likely to increase from March 1

The Oil and Gas Regulatory Authority (OGRA) has presented a working paper to the government, proposing a hike in petroleum product prices due to concerns over increasing global oil prices and potential revenue shortfalls. As per sources, OGRA has recommended an increase of Rs 3.44 per liter for petrol, which would raise the ex-refinery price … Read more

Relief Expected as Petrol Prices in Pakistan are Likely to Drop

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Relief Expected as Petrol Prices in Pakistan are Likely to Drop

The expected petrol price drop brings relief to Pakistani citizens affected by inflation in March 2024. Declining global oil prices are expected to lead to significant reductions in gasoline and diesel prices. Citizens eagerly await relief from high fuel prices, signaling a promising start for March 2024. In a positive update for Pakistan’s citizens affected … Read more

Expected Petrol Prices in Pakistan After Feb 15 Amid Post-Elections

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Petrol prices likely to increase from March 1

The federal government will adjust gasoline prices based on global trends. Middle East tension may increase global oil prices, affecting Pakistan’s petroleum prices. Caretaker government to announce revised petroleum product prices for the second half of February 2024. In Islamabad, the federal government will adjust petrol and diesel prices according to global trends in the … Read more

UAE: Petrol, diesel prices announced for January 2024

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UAE: Petrol, diesel prices announced for January 2024

The rates of gasoline and diesel for the month of January 2024 have been released by the UAE Fuel Price Committee. The following new rates are effective January 1st: Super 98 petrol will cost Dh2.82 a litre, compared to Dh2.96 in December. Special 95 petrol will cost Dh2.71 per litre, compared to Dh2.85 last month. … Read more

Petrol prices are likely to increase on September 16

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Petrol prices are likely to increase on September 16

Petrol prices in Pakistan are expected to increase on September 15, 2023. Petrol could increase by Rs. 14/liter and HSD by Rs. 16/liter. Petrol prices rise due to the rupee devaluation and higher global oil prices. Due to the local currency devaluation against the US Dollar (USD) and increasing global oil prices, petrol prices in … Read more

Petrol price to go up by Rs15 on September 16

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Petrol price to go up by Rs15 on September 16

Petrol price to go up by Rs 15 on September 16. International crude oil prices surge, raising concerns of renewed inflation in Pakistan. Petroleum product prices to increase by up to Rs 15 per liter. Petroleum product prices are expected to undergo a potential hike of up to Rs 15 per liter on September 16 … Read more

Another Shock to Public: Petrol prices ‘likely’ to rise again on Sept 15th

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Finance Minister Shamsad Akhtar

New Petrol Prices – The meeting of the Economic Relations Committee, led by Finance Minister Shamsad Akhtar, raised concerns. Nevertheless, during the meeting, the committee gave its approval for a 41 paise increase in dealer margins and a 47 paise increase in oil companies’ margins The Ministry of Finance announced a 41 paise increase in … Read more

Latest Petrol Prices in Pakistan

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Balochistan Police petrol
  • The Finance Division has announced an increase in the price of petrol in Pakistan starting on September 21, 2022.
  • The cost of high-speed diesel will stay the same at Rs. 247.43 per litre.
  • Light diesel oil (LDO) and kerosene oil (Kerosene) will now cost Rs. 202.02 and Rs. 197.28 per Litre respectively.

On the orders of Prime Minister Shehbaz Sharif, the Finance Division has announced an increase in the price of petrol in Pakistan starting on September 21, 2022.

The price of all petroleum products has changed for the balance of September, according to the specifics.

The announcement states that the price of petrol in Pakistan has increased by Rs. 1.45 per litre while the price of high-speed diesel (HSD) in Pakistan has remained unchanged.

Meanwhile, the cost of light diesel oil (LDO) has dropped by Rs. 4.26 per litre while the cost of kerosene oil has been cut by Rs. 8.30 per litre.

As a result, the cost of petrol in Pakistan would rise to Rs. 237.43 per litre, while the cost of high-speed diesel will stay the same at Rs. 247.43 per litre.

While Light Diesel Oil (LDO) will now be sold for Rs. 197.28 per litre and Kerosene will now cost Rs. 202.02 per litre, respectively.

Petrol Prices in Pakistan From 21 September 2022

PRODUCT OLD PRICE (PKR) NEW PRICE (PKR) CHANGE (PKR)
Petrol 235.98 237.43 +1.45
High-Speed Diesel (HSD) 247.43 247.43 +0.00
Kerosene Oil 210.32 202.02 -8.30
Light Diesel Oil (LDO) 201.54 197.28 -4.26

The most recent petrol prices in Pakistan went into effect on September 21, 2022, and they’ll stay that way through the end of the month, on September 30, 2022.

According to the announcement made by the Finance Division, “In wake of the fluctuating global oil prices and the exchange rate variations, the Government has decided to revise the prices of petroleum products.”

Here is a copy of the notification:

Prior to September 15th, it was stated that while the price of high-speed diesel (HSD) may increase by Rs. 3.04 per litre, the price of petrol in Pakistan may decrease by Rs. 9.62 per litre.

Finance Minister Miftah Ismail later clarified, however, that only a 0.80 rupee per litre price increase will be made to petroleum products.

 

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Govt. might lower petrol prices from August 16

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Govt. may lower petrol prices
  • The government may announce a significant reduction in the pricing of petroleum goods.
  • The price of petrol is expected to decrease by Rs. 12 and that of diesel by Rs 15.
  • New rates will be revealed on August 15 after OGRA provides a summary to the finance ministry.

As oil prices fall on the global market and the value of the dollar falls, the government may announce a significant reduction in the pricing of petroleum goods.

According to sources, the Oil and Gas Regulatory Authority (OGRA) has begun work on a revised summary that might recommend a reduction in POL prices of up to Rs15.

According to insider sources, the government may offer assistance to the general public due to a reduction in the petroleum levy and other taxes.

The price of petrol is expected to decrease by Rs. 12 and that of diesel by Rs. 15.

Following the prime minister’s assent, new rates will be revealed on August 15 after OGRA provides a summary to the finance ministry on August 13 to determine new prices.

 

 

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Petrol price in Pakistan likely to be reduced

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Petrol prices

Petroleum Division sources claim that the cost of gasoline can be cut by Rs. 10 per litre. Federal cabinet has given its blessing to a 15-day price adjustment for petroleum products. New gasoline and diesel rates may be revealed today, Finance Minister MIftah Ismail said. The price of gasoline in Pakistan is projected to decrease … Read more

‘More of a con artist than Conservative’ Sunak is chastised for a fuel shortage as petrol prices soar

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sunak

RISHI SUNAK has been chastised for failing to act on spiraling gas costs, despite the fact that three-quarters of Tory voters believe he should be doing more. Prices in the UK are increasing at the quickest rate in 30 years, owing to a steep spike in the cost of fuel and diesel. Between February and … Read more

Rising petrol prices

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Petrobras, Brazil’s state-owned oil firm, is once again in danger, trapped in a political tug of war over rising fuel prices. Far-right President Jair Bolsonaro, who is running for re-election in October, is heavily blamed by voters for double-digit inflation caused by increasing fuel costs, according to surveys. Feeling the heat, Bolsonaro sacked Petrobras CEO … Read more

A big shock

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shaukat tarin

ISLAMABAD: A massive increase of Rs12/litre in the petrol prices came as a big shock for van driver Atiq Khan, who provides pick-and-drop service to school children. Atiq Khan said that he had increased the transportation charges last month, but the recent hike in petrol prices have made things much more difficult for him. “Last … Read more

Opposition hit out at government on massive hike in oil prices

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The leaders of the opposition parties on Wednesday hit out at the Pakistan Tehreek-e-Insaf (PTI) government after a massive surge in oil prices. Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari, Pakistan Muslim League – Nawaz (PML-N) President Shehbaz Sharif and Pak Sarzameen Party (PSP) Chairman Mustafa Kamal have issued statements against ‘oil bomb’ that … Read more

Petrol Prices likely to increase by Rs10

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Petrol Prices

Petrol Prices: Due to rising rates on the international market, an increase of Rs10 in petroleum products prices is projected in the coming month. Petrol prices are expected to rise by Rs7 per litre, while diesel prices are expected to rise by Rs10 per litre, according to industry sources After consulting with Prime Minister Imran … Read more

Sri Lanka hikes fuel prices as economic crisis worsens

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Sri Lanka

COLOMBO: Sri Lanka raised fuel prices on Tuesday and warned of possible petrol rationing with importers struggling to pay for oil, in a worsening economic crisis that has also sparked food shortages. The move comes just days after international ratings agency Fitch downgraded the country over fears of a sovereign default on its $26 billion foreign … Read more

Getting rid of debts taken by Nawaz, Zardari will be real success: Fawad Chaudhry

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Nawaz Zardari Fawad

Noting a decline in the prices of petrol products, Minister for Information and Broadcasting Fawad Chaudhry, on Thursday, remained confident that prices of other commodities would also decline, but stressed the “real success will be when Pakistan gets rid of the debts taken by Nawaz Sharif and Asif Ali Zardari.” Read more: Fawad holds Nawaz, … Read more

Petrol prices reduced by Rs5 in Pakistan

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petrol

Islamabad: The government has announced a decrease in the per litre price of petrol by Rs5 in Pakistan on Wednesday, December 15, 2021, for the next fortnight, a notification said. The new price of (MS) petrol per litre has been decreased to Rs140.82 from Rs145.82 . The high-speed diesel (HSD), after the decline of Rs5, … Read more

Petrol prices likely to go down in December

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petrol

ISLAMABAD: The Pakistan government may reduce the prices of petroleum products from December 1, 2021 for the next fortnight, as the international oil prices registered a decline this week. A spokesperson for the Ministry of Finance Muzzammil Aslam, in a tweet said, “Allah has been kind to Pakistan, as the global oil prices have come … Read more

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