A new analysis based on official government data has revealed that Pakistani consumers are paying nearly Rs145 per litre in taxes and levies on petrol prices. According to a report by Dubai-based consultancy Mountain Ventures, which reviewed figures from the Oil and Gas Regulatory Authority and Pakistan’s Ministry of Energy, petrol buyers are currently paying […]
petrol prices Pakistan
Breakdown of fuel pricing reveals Rs153 per litre tax petrol and Rs116 on diesel in Pakistan
A detailed breakdown of petroleum pricing in Pakistan has revealed that a significant portion of the retail price of petrol and high-speed diesel consists of taxes, duties, and profit margins, raising renewed debate over fuel affordability for consumers. Read More: Govt raises petrol by Rs6.51 per litre, diesel prices by Rs19.39 per leter from May 1 According to […]
Petrol prices may drop sharply in Pakistan
Petroleum product prices in Pakistan are expected to see a significant reduction following a sharp decline in global oil markets, offering potential relief to consumers burdened by rising inflation. According to industry sources, petrol prices could decrease by up to Rs55 per litre, while diesel prices may witness a substantial cut ranging between Rs95 and […]
Government releases Rs27bn to keep petrol prices lower
The government of Pakistan has released an initial Rs27 billion to support efforts aimed at maintaining lower petrol prices for consumers amid rising global oil costs. The move is part of a broader strategy to shield the public from inflationary pressures linked to international energy markets. Read More: Petrol pumps threaten nationwide shutdown The funds have […]
Pakistan fuel stocks limited to crude oil for 11, diesel for 21 days, petrol for27, LPG 9,JP-1 for14 days
ISLAMABAD — Pakistan currently holds limited petroleum reserves, with most fuel stocks sufficient for only a few weeks, the Senate Standing Committee on Petroleum was informed during a briefing by Petroleum Secretary Mirza Nasir-ud-Din Ahmad. According to the secretary, the country’s crude oil reserves are sufficient for approximately 11 days, while diesel stocks can last […]
Pakistan weighs weekly petroleum price review amid Middle East tensions
Pakistan is considering shifting to a weekly review mechanism for petroleum product price as authorities assess the potential impact of escalating tensions in the Middle East following recent military strikes involving Israel, the United States, and Iran. Officials say the move is being discussed to manage market uncertainty and discourage fuel hoarding. Read More: Govt monitoring […]
Petroleum prices expected to rise by up to Rs7 per litre
Petroleum prices in Pakistan are expected to increase by Rs4.50 to Rs7 per litre from March 1, 2026, for the next fortnight ending March 15, due to a slight upward trend in global crude oil prices and regional tensions, official sources said on Friday. Read More: Govt ‘likely to hike petrol, diesel prices’ for next fortnight According […]