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Consumers in Pakistan are paying over Rs100 per litre in taxes, duties, and margins on petrol and diesel, adding a significant burden on fuel prices. Official documents reveal that despite no sales tax on petroleum products, multiple charges keep prices high for the public. Breakdown of Petrol and Diesel Costs According to the latest figures, …
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The federal government has decided to keep petroleum prices unchanged for the next fortnight, despite expectations of a price drop. A notification from the Finance Division confirmed that all fuel prices would remain at current levels. Current Fuel Prices The unchanged fuel rates are as follows: High-Speed Diesel (HSD): Rs258.64 per litre Petrol: Rs255.63 per …
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The government’s adjustment of freight charges and oil company margins has reduced the promised relief on petroleum prices. Although a reduction in petrol and diesel prices was announced, consumers received less benefit due to these adjustments. Increased Freight Charges on Petrol According to official documents, freight charges for petrol rose by Rs 1.42 per litre, …
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Islamabad: The prices of petroleum products in Pakistan are set to increase by up to Rs6.20 per litre for the upcoming fortnight, beginning January 16, due to a rise in international crude oil prices. Market sources suggest that the ex-depot price of petrol will increase by Rs3.53 per litre. Kerosene oil and light diesel oil are …
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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 raised petroleum costs on Saturday for the next fortnight. Petrol now costs Rs252.1 per litre, while high-speed diesel (HSD) is priced at Rs258.43 per litre. Petrol prices increased by Rs3.72 per litre, and HSD saw a Rs3.29 per litre hike. These adjustments come despite hopes that prices would remain stable due to …
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Pakistan may witness another notable reduction in petrol prices starting August 15, following a decline in global oil prices, Day News reported on Monday, citing sources. According to the sources, the price of petrol could decrease by over Rs9 per litre, while high-speed diesel (HSD) may see a reduction of up to Rs8.50 per litre. …
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ISLAMABAD: In a significant move, the federal government of Pakistan has announced a substantial reduction in the prices of petroleum products, providing much-needed relief to the general public. Finance Minister Ishaq Dar delivered the eagerly awaited announcement in a televised address earlier today. Effective midnight tonight, petrol prices will be lowered by Rs8 per liter, …
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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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