Tag: petrol price today

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.

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

Petrol And Diesel Prices Are Likely To Cheaper From November 15

Petrol And Diesel Prices

The government has indicated the possibility of making petrol and diesel cheaper in the country. According to media reports, the prices of petrol and high-speed diesel in Pakistan may be reduced by 8 to 10 rupees per liter from November 15 due to the fall in oil prices in the global market.

Currently, the price of crude oil in the world market has decreased by 4% since July to reach the lowest level of 78 dollars per barrel. Therefore, it is expected that after the reduction in prices in the global market, the people of Pakistan will also get relief on petroleum products.

Expected Petrol Price In Pakistan On 1st November 2023

Petroleum Price In Pakistan Today

Currently, the price of petrol in the country is Rs 283.38 per litre. The price of high speed diesel is Rs 303.18 per litre. The price of kerosene was reduced by Rs 3.82 per liter on November 1, the new price is Rs 211.3 per litre. On November 1, the price of light diesel oil was also reduced by Rs 3.40 paise per liter after which the new price of light diesel has been fixed at Rs 189.46 per litre.

Gas Cylinder Price In Pakistan

Similarly, on November 1, the Oil and Gas Regulatory Authority announced a reduction in the price of an 11.8 kg domestic cylinder of LPG by Rs 117.47. According to the notification issued by OGRA, the price of LPG has been increased by Rs 10 per kilo from November 1, resulting in a reduction of Rs 117 in the price of a domestic cylinder and Rs 452 in the price of a commercial cylinder.

petrol price

Price Of Petrol Is Expected To Increase By Rs 15 from September 16

Price Of Petrol

The price of Petrol may increase from September 16, 2023. After the increase in the price of crude oil by $5 per barrel in the global markets, the prices of petroleum products are likely to increase by 15 rupees per liter on September 16.

Amid rising crude oil prices in international markets, fears of a new inflationary storm are rising in Pakistan. If the value of the dollar does not fall further, the prices of petroleum products may increase from September 16. An increase of Rs 15 per liter is possible.

Petrol Price Barrel

The price of crude oil in the Gulf market increased from $88 per barrel to $93. According to the Pakistani currency, the price of crude oil in the world market on September 1 was 25 thousand 344 rupees per barrel, in which an increase of 2 thousand 742 rupees was recorded.

Today Petroleum Price In Pakistan – 1 September 2023

After the increase in prices, the price of crude oil in Pakistani currency has reached 28 thousand 86 rupees per barrel.

petrol price

Today Petrol Price In Pakistan – 1 September 2023

Petrol Price In Pakistan

The government of Pakistan has decided to increase the prices of petroleum products from September 1, 2023. In Pakistan, it has been decided to increase the price of petrol by 14 rupees 91 paisa per liter and the price of diesel by 18 rupees 44 paisa per liter, notification issued.

The new prices will be applicable from tonight, according to the notification. What will happen after the increase in the prices of petroleum products?

Product	Old Price	New Price	Difference
MS Petrol	Rs. 290.45	Rs. 305.36	Rs. 14.91
HI-SPEED DIESEL	Rs. 293.40	Rs. 311.84	Rs. 18.44

According to the notification issued by the Finance Minister, the price of petroleum in the international market has increased during the last fortnight. As a result, consumer prices in Pakistan are also being revised. Prices of petroleum products w.e.f. So 1st September 2023 will be as follows.

What Is Real Price of Petrol In Pakistan Without Govt Tax?

The government has already increased the prices of petrol and high-speed diesel by around Rs 37 on August 15, 2023. International Monetary Fund (IMF) loan conditions forced the government to pass on the burden of rising commodity prices to the public.

پچھلے پانچ سالوں میں ڈالر کے مقابلے میں روپیہ کتنا کمزور ہوا ہے؟

It should be noted that the government is charging a petroleum levy of Rs 2 per litre. 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 September.

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.