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Tag: today petroleum price in pakistan

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

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.