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Posts tagged "petroleum products"

Govt hikes petrol by Re1 per litre

It will now cost Rs114.24 per litre

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October 31, 2019


OGRA proposes up to Rs7.67 cut in petroleum prices

The proposed prices require an approval from finance ministry

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August 30, 2019


Petroleum prices to remain unchanged for July

Prices were increased by as much as Rs4.50 last month

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July 1, 2019


Petroleum prices to remain unchanged in August: caretaker govt

The Oil and Gas Regulatory Authority had recommended an increase in the prices of petroleum products from August 1

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August 1, 2018


Petroleum prices: SC directs govt to devise tax cut mechanism

Chief Justice Mian Saqib Nisar has sought explanation from the caretaker government about recent surge in the price of petroleum products. The CJP has ordered the relevant stakeholders to find a way to bring down the oil prices and ease burden on the common man. He was hearing a case related to an increase in…

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July 5, 2018


Eid travel more expensive as interim govt raises petroleum prices

You might want to cut down on your travel plans this Eid as the caretaker government has increased the prices of petrol, diesel and kerosene. According to a notification, the new prices will be in effect until June 30. Petrol will sell for Rs91.96 per litre, which is Rs4.26 more than the previous price. High-speed…

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June 12, 2018


Govt cuts sales tax on petroleum products

The federal government has decided to reduce the sales tax on petroleum products, according to a notification issued Monday. General sales tax on petrol has been slashed by six percent and five percent on kerosene oil and light diesel. The GST on high speed diesel was kept unchanged at 27.5%. After the decision, the GST…

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May 1, 2018


All you need to know about the increased prices of petroleum products…

Once again, the government has increased the price of petrol and petroleum products. Here is all you need to know about the new prices now… The price of petrol has been increased by Rs.3.56 per litre to Rs 88.07. The price of High Speed Diesel was increased by Rs 2.62 from Rs.95.83 per litre to…

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March 1, 2018


Prices of petroleum products increased

ISLAMABAD: The government Wednesday revised the prices of petroleum prices for the month of February 2018 and decided to increase the price petrol by Rs 2.98 per litre to Rs 84.51. The new prices will be applicable from February 01, 2018, a statement issued by the ministry of Finance said. The price of High Speed…

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January 31, 2018


Pakistan’s crude exports surge by 52.76pc

ISLAMABAD: Country’s Petroleum Crude exports increased by 52.76 percent during the first quarter of current fiscal year (July-September) as compared to the same period of last year, according to Pakistan Bureau of Statistics (PBS). According to the data provided by PBS, Petroleum Crude worth $33,075 were exported during the first quarter of current year as…

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December 4, 2017


Petrol, diesel prices increased

ISLAMABAD: The federal government has revised prices of petroleum products for the month of October. According to Ministry of Finance, prices of petrol, high speed and light diesel have been increased by Rs.2 per liter and kerosene oil by Rs.4 per liter. The new prices will be applicable from midnight. – Samaa

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September 30, 2017


Petroleum products to be maintained at existing level

ISLAMABAD: The prices of Petroleum Products will be maintained at the existing level.

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August 1, 2017


Price of petrol to be reduced by Rs 1.20, diesel by Rs 1.60

ISLAMABAD: The government has decided to reduce the price of petroleum products by slashing the cost of petrol by Rs 1.20 and the cost of diesel by Rs 1.60, on Wednesday. According to details, while the prices of petrol and diesel were slashed by the government, the cost of light diesel and kerosene oil remained…

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May 31, 2017


OGRA’s recommendation calls for reduction in petrol price

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) on Tuesday sent the government its recommendations to reduce the price of petrol by Rs. 2.30/litre and lower the price of high speed diesel by Rs. 3.20/litre.  The following recommendations were made in a report which was sent to the government by OGRA which dealt with changes…

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May 30, 2017


Oil prices likely to go up by Rs.13

The Oil and Gas Regulatory Authority (Ogra) has proposed the government to increase up to Rs.13/ litre on petroleum products for April 2017. Watch this report…

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March 31, 2017


Oil prices to go up sharply

Oil and Gas Regulatory Authority (Ogra) has recommended a substantial increase in the prices of all petroleum products with effect from March 1 (Wednesday). Watch this report…

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February 28, 2017


Govt announces new petroleum prices

ISLAMABAD: Notwithstanding the summary forwarded by the Oil and Gas Regulatory Authority (OGRA), the Finance Ministry has increased the prices of petrol only by Rs 1, from Rs 70.29 per liter to Rs 71.29 per liter. Finance Minister Senator Mohammad Ishaq Dar, while announcing the new prices of petroleum products here Wednesday said OGRA recommended…

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February 15, 2017


New petrol type available in Pakistan

With the same old price, a new high-quality petrol has been introduced in Pakistan as a good news for consumers of petrol. The new petrol will help keep maintain the engines and enhance their performance. Watch video report by Muhammed Luqman from Lahore.

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November 17, 2016


Oil prices to remain unchanged in November

ISLAMABAD: The government has decided to keep the petroleum products prices unchanged for next month of November, Samaa reported. Addressing a news conference in Islamabad on Monday, Finance Minister Ishaq Dar said that the Prime Minister Nawaz Sharif has rejected the summary submitted by of OGRA for 3 to 15 percent increase in the petroleum…

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October 31, 2016


SBP dissects government decision on petrol price

ISLAMABAD: State Bank of Pakistan (SBP) revealed that Pakistan did not slash prices of petroleum products in accordance with international prices. According to documents received by SAMAA, crude oil was traded at $112 per barrel in April 2013 with Pakistan selling petrol at Rs.102 per liter then. Three years down the line, the crude slumped…

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August 24, 2016


Fuel prices to be slashed in August by Rs.3/lit

ISLAMABAD: The prices of petroleum products are likely to plummet from August as a summary in this regard will be dispatched to the finance ministry on July 30, SAMAA reported on Tuesday. According to the sources privy to the federal petroleum ministry, petrol is expected to slump by Rs.1.30 per liter from the next month,…

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July 19, 2016

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