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Consumers should prepare for a possible fuel price hike in the first half of February. Industry sources indicate that petrol, high-speed diesel (HSD), kerosene oil, and light diesel oil may see price increases due to refining costs and government-imposed taxes. Projected Price Increases According to market estimates, petrol prices may rise by Rs1.24 per liter, …
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The government has raised fuel prices, with petrol prices increasing by Rs3.47 per litre and high-speed diesel (HSD) by Rs2.61 per litre for the next fortnight. The new rates set petrol at Rs256.13 per litre and HSD at Rs260.95 per litre. This hike comes in response to international market fluctuations over the last two weeks, …
Continue reading “Petrol and Diesel Prices Increased Amid Global Market Fluctuations”
Oil prices increased on Thursday, fueled by supply concerns linked to heightened geopolitical tensions. The ongoing Russia-Ukraine war and developments in the global energy market have played a significant role in this upward trend. Brent crude futures for January delivery rose by 28 cents, or 0.4%, to settle at $73.09 per barrel. Similarly, U.S. West …
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Karachi: Prices of petroleum products in Pakistan are likely to go up by Rs 4 in the wake of rising crude oil prices in the global market. According to sources, the Oil and Gas Regulatory Authority (OGRA) has begun working on the prices of petroleum products shortly after the rise in crude oil prices. Sources …
Continue reading “Prices of petroleum products are to increase by Rs 4”
