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Petrol price relief may soon reach inflation-hit Pakistanis as global oil prices witness a sharp decline, signalling a possible cut in domestic fuel rates from August 16. The expected petrol price reduction comes after an 11-day drop in international crude markets, offering a welcome respite to consumers struggling with high living costs. Global Oil Prices …
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ISLAMABAD: Pakistani consumers are now paying over Rs101.49 per litre in taxes and duties on petrol, according to a newly surfaced document. This staggering figure includes multiple levies and margins, making up a significant chunk of the final retail price consumers see at the pump. The detailed breakdown includes: Petroleum Development Levy (PDL): Rs75.52 New …
The government announced a decrease in the prices of High-Speed Diesel (HSD) and Kerosene Oil on December 15, 2024. The new prices will come into effect on December 16, 2024. The price of High-Speed Diesel has been reduced by PKR 3.05 per liter. This brings the new price of HSD to PKR 255.38 per liter. …
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ISLAMABAD: The federal government has reduced the price of petrol by Rs 2.07 per litre. This price cut will be effective for the next fortnight. The announcement came late Monday, offering some relief to consumers amid rising inflation. The new petrol price has been adjusted to Rs 331.38 per litre, down from Rs 333.45 per …
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The government has announced a reduction in fuel prices. Petrol prices will drop by Rs10 per litre due to a decrease in international market rates. This change comes after the Oil and Gas Regulatory Authority (Ogra) calculated the new consumer prices. According to a statement from the Finance Division on Sunday, the price of high-speed …
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Finance Minister Ishaq Dar announced in a televised address that the federal government has decided to keep fuel prices unchanged for the upcoming fortnight. This decision was made in consideration of international rates, despite slight increases in global crude oil and gas prices in recent days. Fuel Prices Ishaq Dar emphasized that the government had …
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Petrol Price Decreased by Rs5 per Litre for the Next Fortnight by Govt. The federal government has announced a decrease in petrol prices by Rs5 per litre for the upcoming two weeks to provide relief to the masses who are already burdened by inflation. In a press conference held on Tuesday, Finance and Revenue Minister …
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Pakistan may experience another significant surge in petrol prices in the upcoming fuel price review on February 15, 2023, with sources suggesting a possible increase of up to Rs20 per litre. This rise in prices is mainly due to the high international price of petrol on a free on board (FOB) basis, as calculated by …
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