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February 1, 2025

The Pakistan Daily

Petrol price increased for next fortnight

ISLAMABAD: The federal government announced new petrol and diesel prices for the next fortnight, hiking the prices by Rs 7 per litre. As per a notification issued here, the price of petrol has been raised by Rs 1 per litre. The new price of petrol has been set at s. 257.13 per litre Similarly, the price of high-speed diesel has been increased by Rs7 per litre. The new price for high-speed diesel is now Rs 267.95 per litre. It is to be noted here that petroleum product prices are increased for the third consecutive fortnight as the same were hiked

January 30, 2025

The Pakistan Daily

Fuel prices set to rise again in February

Pakistanis are bracing for another potential increase in fuel prices, with sources indicating that the government is planning to raise petrol and diesel prices by up to Rs3 per liter and Rs6 per liter respectively, starting February 1, 2025. The anticipated price hike is attributed to the rising global crude oil prices. Sources suggest a Rs3 increase for petrol and a potential Rs6 increase for high-speed diesel, based on a forthcoming bi-weekly review. The Oil and Gas Regulatory Authority (OGRA) will submit a recommendation to the relevant ministry, factoring in international oil prices and exchange rate fluctuations. The final decision

November 16, 2023

The Pakistan Daily

Govt reduces prices of petroleum products for next fortnight

The government has reduced prices of petroleum products for next fortnight. In a press release, the finance ministry said the petrol prices have been reduced by 2.04 rupees per liter, bringing it down to 281.34 rupees. The price of high speed diesel has been reduced by 6.47 rupees decreasing it to 296.71 rupees per liter. Likewise, the government also reduced the kerosene oil price by 6.05 rupees per liter and its new price is 204.98 rupees whereas; the price of light diesel oil has been slashed by 9.01 rupees per liter and its new price is 180.45 rupees. The decision

April 27, 2023

The Pakistan Daily

Petrol prices likely to go down from May 1

ISLAMABAD: The prices of petroleum products in Pakistan are expected to decline from May 1, as the government might provide relief to the inflation-hit people. According to sources in oil marketing companies (OMCs), the price of petrol is likely to decline by Rs4.5 per litre while the price of diesel is expected to go down by Rs6 per litre. Diesel is widely used in the transport and agriculture sectors. The reduction in its price could bring inflationary impact down and relief for farmers as the crop-harvesting season has kicked off. The consumers are already facing high prices, especially the low-income

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