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Articles for tag: fortnight, liter, Oil, prices, reduced, RS8

April 13, 2025

News Desk

Prices of oil ‘likely’ are reduced over RS8 per liter for the next fortnight

The vehicles are lined up in the Pakistan oil pump in this unstable photo. – online/file RS7.47 per liter of decline expected in kerosene oil. The rate of light diesel can testify to a decrease in RS7.21. Govt broke petrol from RE1 per liter cut last month. Karachi: Prices for oil products are expected to be reduced by more than RS8 per liter in the upcoming April 15 revision amid fluctuations in oil rates in international markets, according to sources of oil companies Geo News. Implying consumers’ relief to unfold in the midst of inflation, sources reported that the gasoline

February 15, 2025

News Desk

Petrol price was reduced by RE1 per liter for the next fortnight

A representation of a person who fills gasoline in a car. – Reuters/file New gasoline price specified in Rs256.13 per liter. The high -speed diesel price was reduced by RS4 per liter. Prices of kerosene, light oil oil were also reduced. The federal government has announced a decrease in RE1 per liter for the next fortnight, from February 16, 2025, according to a recent dive on global fuel markets. According to a notice issued by the Department of Finance on Saturday, the new gasoline price will be RS256.13 per liter, from RS257.13. Similarly, the price of diesel diesel (HSD) has

December 31, 2024

News Desk

Petrol price increased by Re 0.56 per liter for the next fortnight

A view of people standing in a queue to fill up petrol outside a petrol pump in Rawalpindi on January 29, 2023. — Online The new petrol price will be Rs 252.66 per litre. The price of high-speed diesel is increased by Rs 2.96 per litre. Ogra sets new prices following fluctuations in the international market. Islamabad: The federal government has increased the price of petrol by Re 0.56 per liter on New Year’s Eve, for the first fortnight of 2025. “The Oil and Gas Regulatory Authority (Ogra) revised the consumer prices of petroleum products in view of the fluctuations

December 12, 2024

News Desk

The government is set to increase IFEM by Rs 2.5 per liter on POL products

A worker holds a fuel nozzle to fill a car with fuel at a petrol station in Karachi, September 16, 2023. — Reuters An increase of Rs 2.5 per liter IFEM is proposed as an interim funding measure. Exemption from sales tax makes refinery upgrades unsustainable. The refinery upgrades are aimed at producing Euro V compliant POL. ISLAMABAD: The Executive Committee of the Special Investment Facilitation Council (SIFC) on Wednesday asked the Petroleum Department to come up with a way forward within a week to start upgradation projects worth $5-6 billion for the local refineries. Federal Minister for Planning and

November 30, 2024

News Desk

Govt hikes petrol price by Rs 3.72 per liter for next fortnight

A representational image of a person filling gas in a car. — Reuters/File The government increases the price of HSD to Rs 252.10 per litre. Ogra calculates prices based on the international market. The new prices take effect from December 1st. The federal government has increased the price of petrol by Rs 3.72 per liter for the next fortnight, starting from December 1. According to a notification issued by the Finance Department on Saturday, the price of petrol has been increased from Rs 248.38 to Rs 252.10 per litre. The federal government also increased the price of high-speed diesel (HSD)

November 29, 2024

News Desk

Petrol and diesel prices may rise by up to Rs 3 per liter from December 1

A worker fills the vehicle with petrol, at the service station in Karachi, April 16, 2024. — PPI Officials expect POL prices to fall in global markets. The price of kerosene oil is expected to decrease by 0.11 Re/litre. The price of LDO may drop by Re 0.04 per litre. Islamabad: Petrol prices are expected to rise by Rs 3 per liter and diesel by Rs 2.87 per liter from December 1 for the next fortnight due to modest rise in international prices in the last 12 days. The News reported on Thursday. However, officials expect POL prices to fall

October 31, 2024

News Desk

Petrol price increased by Rs 1.35 per liter for the next fortnight

A large number of motorists gathered in a queue to fill up petrol due to the strike called by the Pakistan Petroleum Dealers Association (PPDA), in Karachi on Friday, July 5, 2024. — PPI The price of high-speed diesel has been increased by Rs 3.85 per litre. Kerosene, LDO fell by Rs 1.48, Rs 2.61, respectively. HSD is considered inflationary as it is used in heavy goods. ISLAMABAD: Against market expectations, the federal government has increased the price of petrol by Rs 1.35 per liter for the next fortnight ending November 15. The new fuel prices came into effect from

October 1, 2024

News Desk

Petrol price reduced by Rs 2.07 per liter for next fortnight

A worker holds a fuel nozzle to fill a car with fuel after the government announced an increase in petrol and diesel prices, at a petrol station in Karachi on September 16, 2023. — Reuters High speed diesel has been reduced by Rs 246.29 from Rs 249.69 per litre. Prices of kerosene oil, light speed diesel also fell. The government has reduced the price of petrol by Rs 28.57 crore in the last two months. Islamabad: The federal government has reduced the price of petrol by Rs 2.07 per liter for the next fortnight, reducing the price from Rs 249.10

July 31, 2024

News Desk

The government is cutting petrol price by over Rs 6 per liter for the next fortnight

Workers at a gas station attend to customers in Islamabad, Pakistan, on February 16, 2022. — AFP/File The federal government on Wednesday cut the price of petrol by Rs 6.17 per liter for the next fortnight following a fall in oil prices in global markets, according to a statement issued by the PM Office. The new prices will be effective from August 1. The Petroleum and Natural Gas Regulatory Authority (Ogra) has worked out consumer prices for the coming fortnight, based on international prices and exchange rate fluctuations, the statement said. Following Prime Minister Shehbaz Sharif’s approval, petrol price was

July 29, 2024

News Desk

Government likely to cut petrol price by Rs 5.50 per liter from August 1

Workers at a gas station attend to customers in Islamabad, Pakistan, on February 16, 2022. — AFP/File The government is likely to reduce the price of diesel by Rs 11.06 per litre. Kerosene price may come down by Rs 5.84 per litre. The new selling price of petrol is likely to be Rs 270.10 per litre. Islamabad: The government is likely to reduce the price of petrol by Rs 5.50 per liter and diesel by Rs 11.06 per liter from August 1, 2024, for the next fortnight, government and industry sources said The news. The price of Kerosene Oil is

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