Skip to content Skip to left sidebar Skip to footer
Choose language:

Tag: Price Of Petrol

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

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.