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Tag: petrol and diesel price today

petrol price

Petrol Price is likely to increase by Rs 7 from February 1 in Pakistan

Before the elections, the petrol price in Pakistan is likely to increase by rupees 7 from February 1, 2024. The caretaker government will revise oil prices from January 31. Oil prices will be adjusted as per OGRA’s recommendation.

Expected Petrol Prices

In Pakistan, the price of petrol is expected to increase by 8 to 11 rupees and the price of high speed diesel by 2 to 7 rupees per liter from February 1. The price of light diesel is likely to increase by Rs 1 per liter while the price of kerosene is likely to decrease by Rs 1 50 paise per litre. It is also being indicated that the prices of kerosene and light diesel will remain unchanged for the next fortnight.

Petrol Price In Pakistan Today

Products Today Petrol Price
MS (Petrol) Rs 259.34
High Speed Diesel (HSD) Rs 276.21
Kerosene oil Rs 186.86
Light diesel oil Rs 164.83

It should be remembered that the government had reduced the prices of petroleum products by Rs. 8 from January 15.

According to the report, the caretaker government will revise the prices of petroleum products from January 31 to February 15, 2024. Petrol and diesel prices are likely to increase by Rs 7 per liter from January 31, but OGRA has not yet sent any proposal regarding the prices of petroleum products. The price revision of petroleum products will be done as per the recommendations of OGRA.

 

petrol price

New Diesel and Petrol Prices In Pakistan Today – 16 November 2023

New Diesel and Petrol Prices In Pakistan

The caretaker government of Pakistan has decided to reduce the Diesel and Petrol prices in Pakistan from November 16, 2023. It has been decided to reduce the price of petrol in Pakistan by Rs 2.04 per liter. Diesel price reduced by Rs 6.47 per liter. A notification has been issued in this regard.

Product Old Price

w.e.f 01-11-2023

 New Price

w.e.f 16.11.2023

 Difference
MS Petrol 283.38 281.34 -2.04
Hi-Speed Diesel 304.05 296.71 -6.47
Kerosene (SKO) 211.03 204.98 -6.05
Light Diesel Oil 189.46 180.45 -9.01

Petroleum Price In Pakistan Today

After the reduction in the price of petrol in Pakistan by Rs 2.04, the new price has become Rs 281.34 litre. Similarly After the reduction in the price of Hi-Speed Diesel in Pakistan by Rs 6.47, the new price has become Rs 296.71 per litre. After the reduction in the price of Light Diesel Oil by Rs 9.01, the new price has become Rs 180.45 per litre. After the reduction in the price of Kerosene Oil by Rs 6.05, the new price has become Rs 204.95 per litre in Pakistan.

New Diesel and Petrol Prices In Pakistan Today - 16 November 2023

It should be noted that on November 1, the federal government had announced to maintain the prices of petroleum products. In which it was said that there will be no change in petrol and diesel prices from November 1 and the current price of petrol and diesel will remain unchanged for the next 15 days.

Prices depend on current tax rates and import prices, which are mainly due to fluctuations and increases in international oil prices.

It should be noted that the government is charging a levy of Rs 2 per liter on petroleum. Rs 55 per liter on petrol and Rs 50 per liter on high speed diesel. A possible increase in their prices may affect inflation in November.

 

petrol price

Price Of Petrol In Pakistan Has Reached Close To Rs. 300

Price Of Petrol In Pakistan

Government’s decision to increase the prices of petroleum products. Decision to increase the price of petrol in Pakistan by Rs 17.50 per liter and the price of diesel by 20 rupees per liter, Notification issued.

The new prices will be applicable from 12 AM tonight, Notification. What will petroleum prices be after the increase?

Product Old Price New Price Difference
PREMIER EURO 5 Rs. 272.95 Rs. 290.95 Rs. 17.50
HI-SPEED DIESEL Rs. 273.40 Rs. 293.40 Rs. 20

According to the nofiticaiton issued by finance minister, Pertoleum prices in the international market have increased during the last fortnight. As a result the consumer prices in Pakistan are also being revised. The prices of Petroleum products w.e.f. 16th August, 2023 will therefore be as follows.

Today Petrol Price In Pakistan [15 August 2023]

The government has already increased the prices of petrol and high-speed diesel by around Rs. 20 from August 1, 2023. International Monetary Fund (IMF) loan conditions forced the government to pass on the burden of rising commodity prices to the public.

It should be noted that the government is charging a petroleum levy of Rs. 55 per liter on petrol and Rs. 50 per liter on high-speed diesel. A possible increase in their prices may affect inflation in August.

petrol price

Petrol and Diesel Prices Are Likely To Decrease In May

Petrol and Diesel Prices

Ogra has proposed a reduction in petrol and diesel prices in the month of May.

According to petroleum division sources, the price of petrol can be reduced by Rs 7 to 10 per liter while the price of diesel is proposed to be reduced by Rs 8 per liter. OGRA has sent a summary of prices of petroleum products to the government.

Sasta Petrol Scheme | Govt Has Demanded Data Of Registered Motorcycles

Finance Minister Ogra will consult with the Prime Minister on the recommendations while the final decision on the prices of petroleum products will be taken today.

The new prices of petroleum products for the next 15 days will be applied after 12 pm on May 15. It should be noted that in the last 14 days, the price of crude oil in the Brent oil market had reached 77.44 dollars per barrel.