The government has increased the petroleum levy on petrol and diesel while keeping retail fuel prices unchanged for the next week. The revised levy raises additional revenue without changing pump prices. Consumers will continue paying the same prices despite the tax adjustment. According to Petroleum Division sources, the levy on high-speed diesel has increased by […]
fuel prices Pakistan
Pakistan oil bill hits record $800m: PM Shehbaz
Pakistan’s weekly oil import bill has surged to $800 million amid the ongoing Middle East war, Prime Minister Shehbaz Sharif said on Wednesday. The sharp increase follows rising global fuel prices after recent regional conflict. The spike is straining the country’s economy and affecting energy costs nationwide. Speaking at a federal cabinet meeting, the prime […]
Govt holds fuel prices steady despite global oil surge
ISLAMABAD — Prime Minister Shehbaz Sharif announced on Friday that the government has decided not to increase petroleum product prices despite a sharp rise in global oil rates, saying the move is aimed at easing the financial burden on citizens. وزیرِ اعظم محمد شہباز شریف کا عالمی منڈی میں تیل کی مزید قیمتیں بڑھنے کے […]
Fuel prices to rise from Feb 1, petrol may drop
Pakistan is set to adjust fuel prices starting February 1, with high-speed diesel expected to rise sharply. Petrol, in contrast, may see a slight reduction, officials said. The changes come amid ongoing inflation pressures affecting households and businesses. According to sources, high-speed diesel could increase by Rs9.47 per litre, kerosene oil by Rs3.69 per litre, […]
Government maintains fuel prices steady for next fifteen days
The government has announced that petrol and high-speed diesel prices will remain unchanged for the next 15 days, aiming to maintain stability in the fuel market amid consumer expectations. According to the Ministry of Finance notification, petrol will continue to be sold at Rs253.17 per litre, while high-speed diesel will remain priced at Rs257.08 per […]