Tag Archives: Petroleum Prices

The price of petroleum products in Pakistan is expected to rise by Rs2.75 per litre. The Oil and Gas Regulatory Authority (OGRA) has submitted proposals aimed at increasing the profits of oil companies and petrol pumps. Proposed Profit Margin Increases Sources indicate that the proposal sent to the government includes an increase in the profit margin for oil companies by …

Multan District Administration Lowers Transport Fares Amidst Fuel Price Cut In response to a recent decrease in petroleum prices, the district administration of Multan has announced a 2% reduction in commercial fares for both passenger and goods transport services. This initiative aims to provide financial relief to citizens amid fluctuating fuel costs. Regional Transport Authority (RTA) Secretary Mohsin Nisar stated, …

Introduction For the third consecutive fortnight, the prices of major petroleum products—petrol and high-speed diesel (HSD)—are anticipated to decrease by approximately Rs5-6 per litre. This reduction is primarily attributed to the declining international market rates for the fortnight commencing September 1. International Market Influences Informed sources have indicated that the prices of petrol and HSD have fallen in the international …

Prime Minister Shehbaz Sharif has announced a major reduction in petroleum product prices following a decline in global crude oil prices, bringing much-needed relief to the public. The Ministry of Finance issued an official notification on Wednesday confirming the price adjustments, effective from midnight and valid for the next fifteen days. Under the new rates, the price of petrol has …

Following a recent decline in global crude oil prices, Pakistan is set to witness a substantial drop in petroleum product prices. Sources indicate that from August 1, the price of petrol may fall by Rs5.50 per litre. High-speed diesel (HSD) could see a reduction of up to Rs11 per litre, while kerosene is anticipated to become cheaper by Rs5.84 per …