Pakistan is expected to witness another increase in petrol prices, while high-speed diesel (HSD) may see a substantial reduction. The government is expected to announce new petroleum prices today, with petrol likely to go up by Rs1.40 per litre for the next two weeks starting August 16 due to a sharp rise in global oil … Read more
The federal government has reduced the petrol price by Rs7.54 per litre for the next two weeks, starting from August 1, according to a statement from the Finance Division on Thursday. The notification mentioned that with this cut, the new price of petrol is now set at Rs272.15 per litre. At the same time, the … Read more
The federal government on Sunday announced an increase in the petrol price by Rs4.80 per litre for the next 15 days, raising it to Rs262.59 from Rs254.64 per litre. The Finance Division said that the new petrol price will take effect from June 16, according to a notification. The rate for high-speed diesel was also … Read more
Petroleum prices in Pakistan are expected to increase by up to Rs5.50 per litre for the next 15 days due to a rise in global oil prices, according to sources on Sunday. Reports say that the Oil Companies Advisory Council has prepared a working paper based on the recent trends in international oil markets. The … Read more
The Pakistani government has increased fuel prices for the next pricing cycle starting February 1, 2025. According to a notification from the Finance Division, petrol prices have risen by Re1 per litre, bringing the new rate to Rs257.13 per litre. Additionally, high-speed diesel (HSD) has seen a significant Rs7 increase, pushing its price from Rs260.95 … Read more
Amid rising global petroleum prices, the government is set to increase petrol prices in Pakistan for the third consecutive time as part of its bi-monthly revision. According to the report, petrol is expected to rise by Rs1.24 per litre, effective from February 1. Similarly, diesel prices may increase by Rs4.49 per litre. The hike is … Read more
The government of Pakistan has announced a Rs3.47 per litre increase in petrol prices for the second half of January 2025, bringing the new price to Rs256.13 per litre. High-speed diesel (HSD) prices have also been raised by Rs2.61, bringing the new rate to Rs260.95 per litre. The updated prices for all petroleum products take … Read more
Inflation-hit citizens in Pakistan may face another setback as the government, led by Prime Minister Shehbaz Sharif, is expected to increase petrol and diesel prices from January 16, 2025. The anticipated hike comes amid a surge in global crude oil prices, with reports suggesting an increase of Rs 3 to 5 per litre. Crude oil … Read more
Pakistan’s federal government to revise petrol and diesel prices in December 2024. Price changes to take effect from December 1 to 15. Expected petrol price hike: Rs10 to Rs15 per litre for first half of December 2024. ISLAMABAD: The federal government is expected to revise petrol and diesel prices in Pakistan during the upcoming fortnightly … Read more
Petrol and diesel prices in Pakistan are expected to increase in the second half of November 2024. The International Monetary Fund (IMF) has advised the government to impose General Sales Tax (GST) on petroleum products and raise the Petroleum Development Levy (PDL) to Rs70 per liter, which would result in higher fuel costs. The federal … Read more
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
Petrol and diesel prices in Pakistan are expected to decrease starting October 1, with another round of relief anticipated due to a drop in global oil prices. According to sources familiar with the situation, while a reduction is likely, the government has not yet finalized the specific figures for the first half of October 2024. … Read more
Pakistanis can anticipate a reduction in petrol and diesel prices starting mid-September 2024, marking the fourth such relief due to a decline in global oil rates. Petrol and diesel prices are expected to decrease by around Rs10 per litre, provided the government does not increase the petroleum levy. If the exchange rate remains stable and … Read more
In a positive development for consumers in Pakistan, a significant reduction in petrol prices is expected after the scheduled review on September 15. Petrol and high-speed diesel (HSD) prices are anticipated to decrease by 10-11 rupees per liter, effective from September 16. This reduction is due to a recent decline in international oil prices, which … Read more
Starting September 1, 2024, petrol prices in Pakistan are set to decrease by Rs 5-6 per litre, marking the third straight fortnight of price cuts. This reduction is welcome news for consumers, driven by favorable global oil market conditions and a stronger local exchange rate. Global Oil Price Decline The anticipated drop in petrol prices … Read more
Petrol prices in Pakistan are expected to see a notable decrease in the upcoming fortnightly review on August 15, 2024. The federal government will announce the revised petroleum prices on Thursday, with the new rates taking effect from August 16. Reports suggest that petrol prices may be reduced by up to Rs9 per litre, while … Read more
Due to a significant decline in global crude oil prices, there is speculation that petroleum product prices in Pakistan may also see a reduction this month. Recently, crude oil prices dropped nearly 2 percent to a six-week low, driven by growing hopes of a cease-fire in Gaza and concerns over China’s rising demand. In response … Read more
The federal government of Pakistan is expected to raise petroleum prices starting August 1st. The revised petrol prices will be announced on the night of July 31 and will come into effect on August 1st. Previously, on July 16, 2024, the government had already increased petrol and diesel prices. Petrol was raised by Rs9.99 per liter, … Read more
