Petrol Prices
Petrol and Diesel prices are expected to go up for the second half of December 2024, with strong possibility of surge in petroleum product prices amid surge in international oil prices. Reports in local media said US crude oil and British Brent saw significant price hikes in global market. In
Petrol Prices
Inflation-battered citizens may face yet another hike in petrol prices as the Prime Minister Shehbaz Sharif-led government set to announce new petroleum products rates on Novermber 30. Petrol prices may rise by Rs3.15 per litre, while high-speed diesel (HSD) could see an increase of Rs3.20 per litre. Kerosene
petrol
Starting September 1, the prices of petrol and high-speed diesel (HSD) are expected to fall by approximately Rs5-6 per litre, marking the third consecutive fortnight of price reductions. This anticipated drop comes as a result of lower international oil prices. Recent reports indicate that in the past two weeks, the
petrol
Finance Minister Muhammad Aurangzeb announced a revised increase in the levy on petrol and diesel to Rs 70 per liter. This change was revealed during his closing speech on budget amendments in the National Assembly. Originally proposed at Rs 80, the levy on petrol and diesel has been scaled back
petrol
ISLAMABAD: Anticipation grows around a substantial increase in petroleum prices starting July 1, fueled by potential hikes in levy charges by the government. Sources indicate that petrol prices might surge by Rs 7.54 per liter and diesel by Rs 9.84 per liter for the upcoming 15 days. Should
IMF
LAHORE: Pakistan is on the brink of an unprecedented increase in petrol prices as the International Monetary Fund (IMF) recommends imposing a General Sales Tax (GST) alongside the existing petroleum levy on fuel products. According to media reports, this recommendation comes as part of broader IMF conditions aimed at securing
Petroleum
Pakistanis will face higher transportation costs as the government raised petrol and diesel prices due to a global surge in oil prices. The Oil and Gas Regulatory Authority (OGRA) announced the increase on Monday, effective from midnight. Petrol prices rose by Rs 4.53 per liter, reaching a new high