The price of petrol decreased by $1.86 per barrel to $107.16 per barrel, while the price of diesel in the global market recorded a fall of $4.3 per barrel to $104.76 per barrel, Following the global trend, the petrol price is likely to go down by Rs5 per liter in the domestic market. Similarly, the […]
According to sources, the estimated hike in the petrol price will be revealed after the Oil and Gas Regulatory Authority (OGRA) completes the work. The summary regarding the petrol price will be forwarded to Prime Minister Shehbaz Sharif and the new prices will be announced after his approval today, sources added. It is pertinent to […]
There’s speculation circulating that within the next 15 days, the cost of petrol may increase across the country, pending a decision from the Prime Minister’s office. This decision holds significant sway over adjustments to petroleum product prices. Recent reports from various media outlets indicate a surge in global crude oil prices over the past fortnight. […]
The movement in petroleum product prices has shown a mixed trend where the price of petrol has increased whereas rates of other products have gone down. Estimates of oil marketing companies, based on current tax rates, reveal slight changes in prices of all four petroleum products due to a high premium on petrol and an […]
According to a notification by the finance ministry, the price of petrol increased by Rs 2.73 per litre and High-Speed Diesel by Rs 8.37 per litre. Petroleum Prices pic.twitter.com/0znatZDNS5 — Ministry of Finance, Government of Pakistan (@Financegovpk) February 15, 2024 Following the increase, the petrol will be available at Rs275.62 per litre from February 16, […]
In a relief to the inflation-hit masses, the caretaker government Monday announced a Rs 8 per litre reduction in petrol price. The Finance Division notified the new prices of the petroleum products for the next fortnight starting from January 16 (Tuesday), as per the Oil and Gas Regulatory Authority’s (Ogra) recommendations. Following the reduction, petrol […]
The decrease occurred after a decline in the global price of crude oil and an increase in the value of the Pakistani rupee about the US dollar. The Finance Division has announced a reduction in the kerosene oil of Rs. 10.14 and a reduction in the tariffs of light-diesel oil (LDO) of Rs. 11.29 per […]
After a delay of six days, the government finally notified the revised prices of petroleum products in the early hours of Wednesday, raising the petrol price by Rs1.45. As per the standard procedure, the notification for revised prices is issued around midnight. However, this time, the notification by the Finance Division came two hours late, […]