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Islamabad: The federal government is expected to raise petrol prices by Rs1.24 per litre and diesel by Rs4.49 per litre, effective tonight for the next two weeks. The hike comes as a result of rising global petroleum product prices, mainly due to disruptions in shipping routes. The international price increase is driven by disruptions in …
Continue reading “Petrol, Diesel Prices to Increase in Pakistan Tonight”
The federal government is expected to announce new petroleum prices on December 31. Diesel and kerosene oil prices may see an increase, while petrol prices are likely to remain unchanged. Sources from the Petroleum Division suggest a potential increase of more than Rs4 per litre in diesel prices. Diesel is widely used in transportation and …
Continue reading “Federal Government Set to Announce Petroleum Price Changes on December 31”
The federal government is expected to increase petrol prices starting December 16. Rising global oil prices have pushed Pakistan to consider the hike. The revised rates will be announced on December 15 after the second fortnightly review. These new prices will remain effective until December 31. Global Oil Market Impact International crude oil prices have …
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KARACHI: Jamaat-e-Islami (JI) chief Hafiz Naeemur Rehman has called on the government to cut petrol prices by Rs30 per litre. He based this demand on the recent decline in global crude oil prices, which have now fallen below $67 per barrel. Rehman highlighted that the government can leverage these reduced costs to ease financial strain …
Continue reading “Hafiz Naeem Demands Rs30 Reduction in Petrol Prices”
Petrol and diesel prices in Pakistan may decrease in early November due to a recent drop in global crude oil prices, officials have indicated. If implemented, this reduction would provide relief for Pakistani consumers, who continue to grapple with high inflation. Officials have projected a price cut of Rs2 to 3 per litre for petroleum …
Continue reading “Pakistan Likely to See Drop in Petrol, Diesel Prices”
The time for the fortnightly revision of petrol prices in Pakistan is fast approaching. A reduction in petroleum product prices is expected starting October 1. This forecast comes as global crude oil prices decline. Sources indicate a potential decrease of Rs 1 per litre in petrol prices. Additionally, they expect a Rs 3 per litre …
Continue reading “Petrol Prices Set for Possible Reduction in Pakistan”
Federal Minister for Petroleum, Musadik Masood Malik, stated that while Pakistanis will benefit from the recent decline in international petroleum prices, they will also face higher costs when prices rise. Malik made these remarks in response to questions during a session of the National Assembly, emphasizing the volatility of global oil markets. Price Predictions and …
Continue reading “Petrol Price Expected to Drop by Rs12 Per Litre”
The prices of petroleum products are proposed to increase by Rs. 1 per liter and high speed diesel by Rs. 10 and a half. Kerosene can be as expensive as five and a half rupees, the final decision will be taken tomorrow on 15 September, in consultation with the Prime Minister. On the other hand, …
