Petrol and Diesel Prices Likely to Drop Ahead of Eid

Petroleum prices in Pakistan will likely see a slight drop amid small fluctuations in international oil markets. Diesel rates could see a reduction of Rs. 0.28 per litre, while petrol may fall by Rs. 0.6 per litre. The existing price of petrol is Rs. 252.63 while the price of high-speed diesel currently stands at Rs. … Read more

Petrol, diesel prices to remain same for next fortnight

Petrol, diesel prices to remain same for next fortnight

Prime Minister Shehbaz Sharif announced on Saturday that petroleum prices would remain unchanged. In a video statement, he assured that the financial benefit of this decision would be passed on to the public through a reduction in electricity prices. “We have decided to keep petroleum prices at their current levels, and the entire financial advantage … Read more

Govt increases petrol by Rs1, diesel by Rs7 per litre

Govt

ISLAMABAD: The government increased the price of Motor Spirit (MS) Petrol by Rs.1 per litre and high speed diesel (HSD) by Rs.7 per litre for the next fortnight starting from February 1st.

The price of MS petrol was fixed at Rs 257.13 per litre as against its existing price of Rs 256.13 per litre, said a press release issued by the Ministry of Finance.

Meanwhile, the price of High-Speed Diesel was increased by Rs.7 per litre as HS- Diesel would be available at Rs 267.95 per litre as compared to its previous price of Rs 260.95.

The Oil & Gas Regulatory Authority (OGRA) has reviewed and adjusted consumer prices for petroleum products in view of recent fluctuations in the international oil market.

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Petroleum prices likely to decrease from Nov 1

Govt Plans to Increase Petroleum Levy in Upcoming Budget

ISLAMABAD: The price of petroleum products is likely to drop from November 01 following decline in international oil prices.

According to official sources, there is a possibility of reduction in the price of petrol by Rs 3.29  and  in diesel by Rs 3.13 per liter which will be applicable for the next 15 days.

The fuel prices in the global market have decreased by $1.5 and $2.5 per barrel respectively in the last 15 days.

Earlier, the government had reduced IMEM by Rs 304 per liter on diesel and Rs 4.07 per liter on petrol from October 16, 2024.

The oil marketing companies had informed the Oil & Gas Regulatory Authority chairman about the huge financial loss in a letter.

The Oil Companies Advisory Council (OCAC) said that the government has deviated from the pricing formula this time and kept prices low since October 16. The custom duty on diesel has been reduced from Rs 1516 to Rs 13.26 per litre.

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

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’s Petrol, Diesel Prices to Rise – Check New Expected Rates

petrol price in Pakistan

Fuel prices in Pakistan are expected to rise from October 16, 2024. Petrol prices may rise by Rs5 per litre, while diesel could see a significant jump of Rs13 per litre. The hikes reflect recent global price spikes in crude oil, petrol, and diesel. LAHORE: Amid the government’s ongoing efforts to control inflation, fuel prices … Read more

New Petrol, Diesel Prices Announced for October 2024

petrol price in Pakistan

UAE fuel price committee announces October 2024 petrol and diesel price reduction. Price decrease anticipated due to global oil price drop. UAE fuel price committee reviews and adjusts fuel prices monthly. The UAE Fuel Price Committee has announced a reduction in petrol and diesel prices for October 2024, reflecting the recent decline in global oil … Read more

Federal govt keeps petrol price unchanged

Petrol price in Pakistan may further drop from Dec 16
  • Federal Govt decreased  price of diesel by Rs.7 per liter.
  • The price of kerosene oil reduced by Rs 3.82 per liter.
  • The price of light diesel oil decreased by Rs 4.52 per liter.

ISLAMABAD: The caretaker federal government has announced the new petrol and diesel prices in Pakistan.

According to the sources, there is no increase or decrease in the price of petrol for the next 15 days, but it has been decided to reduce the price of diesel, kerosene, and light diesel.

The caretaker Prime Minister Anwar ul Haq Kakar approved the change in the prices of petroleum products.

A reduction in the price of diesel by Rs.7 per liter has been approved.

The interim government has decided to reduce the price of kerosene oil by Rs 3. 82 per liter while a reduction in the price of light diesel oil by Rs 4.52 per liter has been approved.

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Petrol, diesel prices likely to go down from Dec 1

Petrol price likely to be reduced from January 16

Citizens in Pakistan can anticipate relief from inflation at the beginning of December as the prices of petroleum products are expected to decrease. Sources indicate a substantial reduction, with petrol prices likely to drop by Rs 7.37 per liter, and high-speed diesel becoming cheaper by Rs 6.85 per liter. Additionally, the cost of kerosene is … Read more

Govt reduces petrol price by Rs8 per litre, HSD by Rs11

ISLAMABAD: The caretaker government on Saturday reduced the price of petroleum products for the next fortnight. The price of petrol has been Rs8 per litre. The new price of petrol is Rs 323.38 per litre, according to a notification by the Finance Division. The price of High-Speed Diesel (HSD) has been reduced by Rs11 per … Read more

Govt increases petrol price by Rs26 per litre

Petrol Price in Pakistan

ISLAMABAD: The caretaker government has once again increased the price of petrol and diesel for the next fortnight. The price of petrol has been hiked by Rs 26.02 per litre.  The new price of petrol is Rs 331.38 per litre, according to a notification by the Finance Division regarding the fortnightly review. The price of … Read more

Petrol, diesel price likely to rise in September

Petrol diesel

Pakistan’s interim government is preparing to raise petrol and diesel prices during the first half of September, aligning with the global trend, due to the continuous decline of the local currency. Reliable sources indicate that the increase could reach up to Rs20 per liter, causing concern for the public who are already grappling with high … Read more

OGRA recommends levying GST on petrol, diesel

Price of petrol, diesel could be further increased OGRA recommended levying GST on petrol, diesel It has also sought Rs10-15 per lite increase in diesel price ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has recommended an increase in the prices of petroleum products. The regulatory authority has sent a summary to the federal government … Read more

Govt announces hefty increase in petrol, diesel prices

Diesel Prices

The federal government on Sunday increased the price of petrol and diesel by a staggering Rs35 per litre in the country. Federal Minister for Finance and Revenue Senator Ishaq Dar announced that increased in the prices of Petrol and High-Speed Diesel (HSD). The prices of kerosene oil and light diesel have been increased by Rs18 … Read more