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diesel prices

Petrol, diesel prices expected to rise from February 1

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Petrol

ISLAMABAD: The government is likely to increase petroleum prices from February 1, with petrol expected to go up by Rs3 per litre and diesel by Rs6 per litre. According to sources, the increase is driven by fluctuations in global crude oil prices. Currently, petrol is priced at Rs256.13 per litre, but if the proposed hike … Read more

Petrol, diesel prices likely to increase from Jan 16

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Petrol

ISLAMABAD: The petrol and diesel prices are expected to increase from January 16, 2025 (Thursday) due to higher international prices.

The price of petrol has been estimated to increase by Rs 3.53 per liter and the price of diesel by Rs 3.66 per liter for the next fortnight from yesterday, Thursday (January 16, 2025).

The expected increase in POL prices is being attributed to the increase in oil prices in the international market due to United States (US) restrictions on oil exports to China and India.

Crude oil prices surged past $81 a barrel, the highest since August 2024, on fears that US shipping restrictions could affect Russian oil supplies in the wake of US sanctions.

Industry and government sources said an increase in kerosene oil by Rs 4.98 per liter and light diesel oil (LDO) by Rs 6.20 per liter has been worked out, but the final decision rests with decision makers in the finance ministry.

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Petrol and Diesel Prices to Change in Pakistan from December 16, 2024

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petrol price in Pakistan

KARACHI – Pakistan is set to announce the updated petrol and diesel prices for the second half of December 2024. Sources reveal that while petrol prices are expected to rise slightly, diesel prices are anticipated to drop by approximately Rs4 per liter from December 16. These adjustments come amid global oil market fluctuations and the … Read more

Petrol and Diesel Prices in Pakistan Expected to Rise Up from November 16

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Petrol Prices

Pakistan’s Petrol and Diesel Prices to Rise in November 2024. Other petroleum products like Light Diesel Oil (LDO) and kerosene oil also expected to rise. Petrol prices may rise by Rs2.50 per litre to Rs251 per litre. ISLAMABAD – Petrol and diesel prices in Pakistan are expected to rise by up to Rs6 per litre … Read more

Diesel Prices Go Up by Rs 5 per Litre After Three Months

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Diesel Prices

Government Announces Rs5 Per Ltr Increase in Diesel Prices. The new diesel price stands at Rs251.92 per litre. The new pricing took effect at midnight on October 16. LAHORE: The government has announced an Rs5 per litre increase in diesel prices for the next 15 days while keeping petrol prices unchanged, according to a notification … Read more

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

Price of diesel skyrockets in U.S; heavy wheelers distressed

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Poland-Belarus

Price of diesel skyrockets in the U.S; heavy wheelers distressed The cost of diesel hit an unsurpassed high in the United States this week as energy markets all over the planet adapt to continuous interruptions in the midst of Russia’s intrusion of Ukraine. The typical cost of a gallon of diesel was $5.296 on Sunday, … Read more

Oil on the boil

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oil

KARACHI: Rising geopolitical tension, fears of supply disruption and a surge in the post-Covid demand are dragging crude oil prices towards $100 a barrel in the international market sooner than earlier predicted, risking the fragile global growth, analysts and industry players said. Experts say oil at $100/barrel has become a high probability, as the markets … Read more

Petroleum Prices Hiked by RS 2 and Diesel by Rs 1.44, respectively

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Petrol Price Hits Record High In Country's History

The petroleum ministry announced on Wednesday through a notification after a periodical meeting with Petroleum Prices hiked by Rs2 a liter to now sell at Rs112.69. The other petroleum products prices hike include high-speed diesel which is made Rs 1.44 to now sell at Rs113.99, the notification announced. Whereas, the prices of kerosene oil have been elevated by … Read more

Petrol-Diesel Prices Today: Federal govt announces increase in Prices

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Petrol at pump stations

The federal government has announced an increase in petrol-diesel prices today till 30th June. The federal government on Tuesday announced that the price of petrol for June will be Rs110.69 per liter. According to the ministry that Rs 2.13 is increased in Petroleum price, after which the current rate is Rs 110.69 per liter. Rs … Read more

Petroleum product prices likely to decrease: sources

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Petrol Price in Pakistan

The sources revealed on Friday that petroleum product prices likely to decrease by up to Rs 3.5 per liter. According to the details, OGRA prepared the working prices of petroleum products. Sources suggested that the petrol price will be reduced by Rs 3.5 per liter. On the other hand, the price of high-speed diesel will … Read more

PM orders to eliminate artificial petrol shortage immediately

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PM orders OGRA, Petroleum division to immediate restore petrol supply

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

Sufficient petrol stock available in the country?

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Sufficient petrol stock available in the country: Petroleum ministry

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

Petrol shortage: Oil marketing companies submitted a response

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Petrol shortage: Oil marketing companies submitted a response

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

Petrol shortage: OGRA issues show-cause notices to 6 oil marketing companies

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Petrol shortage: OGRA issues show-cause notices to 6 oil marketing companies

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

Petrol Price in Pakistan: Petrol Price to be reduced by Rs 7 per litre from June 1

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Petrol

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

Petroleum dealers reaches to brink of bankruptcy due to uncertain conditions

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Petrol at pump stations

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

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