ISLAMABAD: The government has announced to maintain the prices of petroleum products for September. According to the details, the Ministry of Finance has announced to maintain the prices of petroleum products for the month of September. According to the announcement, the price of petrol will remain unchanged at Rs 103.97 per litre, high-speed diesel at … Read more
The Oil and Gas Regulatory Authority (OGRA) has imposed a fine of Rs 1.5 crore on three oil marketing companies over the petrol crisis in the country. The companies that were fined include Byco, Oscar and BE Energy who were fined Rs 50 lakh each. According to OGRA, notices were issued to the companies in … Read more
ISLAMABAD: Federal Minister for Energy Omar Ayub has attributed the rise in prices of petroleum products to increase in the price of crude oil in the global market and depreciation of the rupee. Umar Ayub wrote on twitter, “The international prices of oil have risen sharply in the last 1 month. The rupee has also … Read more
Petrol price has been increased by Rs 25.58, the new price is 100.10 According to the details, the Ministry of Petroleum has received approval from the Ministry of Finance to increase the petroleum prices. The sources said that diesel price increased by Rs 21.31 and kerosene by Rs 23.50. The new price of diesel is … Read more
Prime Minister Imran Khan has taken notice of the shortage of petroleum products and directed to end the artificial shortage of petrol across the country. According to details, Prime Minister Imran Khan chaired a meeting of the federal cabinet in which the Prime Minister expressed anger over the shortage of petroleum products and said that … Read more
Petrol shortage rumors are cleared now by higher officials. Federal Minister for Energy Omar Ayub chaired a high-level in the Petroleum Division on the issue of shortage of petrol. According to the details, Federal Minister Omar Ayub expressed deep concern over the ongoing crisis in the country and directed strict action against those responsible for … Read more
Oil marketing companies have submitted a reply to the Oil and Gas Regulatory Authority’s (OGRA) show-cause notice on non-supply and shortage of petroleum products. In their response to the OGRA show-cause notice, Oil marketing companies have said that the decline in the availability of petroleum products was due to the decision of the Ministry of … Read more
Petroleum product shortage endured in the country after petrol has become rare at most petrol pumps in many cities of the country, which is causing severe difficulties to the citizens as well as to the transporters. Due to non-supply from within the country, most of the petrol pumps in Karachi, Lahore, Quetta, and other cities … Read more
The Oil and Gas Regulatory Authority (OGRA) has issued show-cause notices to oil marketing companies (OMCs) seeking a response within 24 hours due to a shortage of supply of petroleum products in the country. According to OGRA spokesperson Imran Ghaznavi, the Oil and Gas Regulatory Authority has issued notices to Shell Pakistan Limited, Attock Petroleum … Read more
Prime Minister Imran Khan has taken notice of upward trend in the prices of essential commodities despite of the reduction in petroleum prices. According to details, Prime Minister Imran Khan has taken strict notice no corresponding reduction in the prices of essential commodities despite of the fact that the federal government has reduced petroleum products prices … Read more
The government has decided to change the prices of petroleum products. According to details, a statement issued by the Finance Ministry said that the price of petrol has been reduced by Rs 7.6 per liter. A statement from the Finance Ministry said that the price of diesel has been increased by 5 paisa per liter … Read more
Petrol Price in Pakistan: Oil & Gas Regulatory Authority (Ogra) on Friday submitted a summary to the Petroleum Division recommending that the petroleum products should be decreased from June 1st. As per details, the regulatory authority has forwarded a summary to the Petroleum Division suggesting a cut of at least Rs 7 per litre. The … Read more
Diesel is short in availability in most areas of Pakistan today. Pakistan State Oil is the only company that has diesel stock. Sources revealed that diesel was being sold out as demands increased because of wheat harvesting and easing of lockdown measures. Several petroleum companies did not succeed in importing enough stocks. On the contrary, … Read more
Oil and Gas Regulatory Authority (Ogra) has recommended reduction in petrol prices by Rs20.68 per liter, high speed diesel by Rs33.94 per liter and kerosene oil by Rs44.07 per liter. Ogra has forwarded the summary Mnistry of Petroleum and Finance Ministry for approval. If approved, the new prices will come into effect from May 1.
Petrol prices in Pakistan is expected to drop by Rs 27 liter from 1st May. Petrol price can be reduced by Rs 27 and diesel by Rs 22 per liter. Industry sources said that due to the decline in oil prices in the global market, the petrol price in country will also decline. According to … Read more
Petroleum Dealers Association said the petroleum dealers have reached to the brink of bankruptcy due to uncertain conditions and nationwide lockdown. The government should come forward immediately to rescue this important sector which is moving the wheels of the economy. Former executive, Ghiyas Paracha said that the cost of doing business in increasing while profit … Read more
Prime Minister Imran Khan on Tuesday announced to reduce the petrol prices in Pakistan by Rs 15 per litre While addressing a press conference with his senior members of the cabinet he said that the novel coronavirus is not the real danger, rather the decisions that people take fearing the Coronavirus is a real threat. … Read more
Petrol prices in Pakistan dropped by Rs 5 amid decline in international oil prices by government of Pakistan but at the same time taxes on petroleum products have been increased by 5% i.e. Rs. 4.7 per litre. In February, per litre price of petrol was Rs 116.6 which included Rs. 32 in government taxes. In … Read more
Islamabad: Amid decline oil prices in the international market, the Pakistan government slashed the petrol price by Rs5 per litre. According to the Ministry of Finance, The new price of petrol will be Rs. 111.60 per litre. The price of diesel has also been reduced by Rs. 5 and now it will be available for … Read more
Oil and Gas Regulatory Authority (OGRA) has sent the summary to Ministry of Energy (Petroleum Division) which recommends a depreciation in fuel prices. After the approval from Ministry of Energy (Petroleum Division) the summary will be then forwarded to the Finance Ministry for approval. OGRA has recommended that prices of HSD may be reduced by … Read more
Petrol prices in Pakistan are determined by federal government of Pakistan on the recommendation of (OGRA) Oil and Gas Regulatory Authority. OGRA revises Petrol, Light Diesel, High Speed Diesel, Kerosene oil and other petroleum product prices on monthly basis. For the month of February 2020, the OGRA had recommended the Petroleum Division to increase the … Read more
