The federal government on Friday increased the prices of petrol and high-speed diesel in its latest fuel price revision, with petrol becoming Rs5.44 per litre more expensive and diesel registering a much steeper Rs31.50 per litre increase. The sharp rise comes against the backdrop of soaring international energy prices, with the government simultaneously announcing a […]
Petrol
Fuel supply to petrol pumps curtailed amid rising oil prices
Oil marketing companies (OMCs) have reduced fuel supplies to petrol pumps in Pakistan, citing rising international crude oil prices and operational challenges, raising concerns over fuel availability in several parts of the country. Read More: Petrol pumps threaten nationwide shutdown According to Chaudhry Nauman Majeed, President of the Petroleum Dealers Association Central Punjab, petrol pumps received […]
Govt raises petrol, diesel prices by over Rs 13 per litre
The government raised the price of petrol by Rs13.18 per litre and that of high-speed diesel (HSD) by Rs13.80 on Friday. Following the increase, the price of petrol stands at Rs310.71 per litre and HSD’s at Rs323.30. The Petroleum Division’s press release notifying the increase said the new prices would be effective from June 11. […]
Government enhances levy on petrol by Rs 24.74 per litre
The federal government has increased the petroleum levy on petrol, adding Rs24.74 per litre to the existing charge. According to details, the levy on petrol has been increased to Rs 116.8 per litre following the latest adjustment. The move is expected to help the government generate additional revenue while maintaining its fiscal targets. In contrast, […]
Govt cuts petrol, diesel price by Rs 22 per litre in post-Eid relief
The government announced a reduction of Rs 22 per litre in the prices of petrol and high-speed diesel (HSD) each on Friday. Last week, the government cut the prices of petrol and diesel by Rs 6-7 per litre each with immediate effect for the week ending May 29 owing to lower global prices. Following the […]
Govt slashes petrol, diesel prices by Rs 5 per litre
The federal government on Friday reduced petrol and diesel prices by Rs 5, according to a notification issued by the Petroleum Division. According to the notification, the revised prices will take effect from May 16. Following the decrease, the price of petrol stands at Rs 409.78 per litre and that of HSD at Rs 409.58. […]
Govt hikes petrol, diesel prices by nearly Rs 15 per litre
The federal government has increased petrol and diesel prices by nearly Rs15 per litre each for the next week. In a notification issued on Friday, the Petroleum Division said new fuel rates will come into effect from May 9. The price of petrol has jumped from Rs399.86 to Rs414.78, while the HSD price increased from […]
Petrol, diesel get costlier by nearly Rs 27 per litre
Prime Minister Shehbaz Sharif on Friday jacked up prices of both high-speed diesel (HSD) and petrol by Rs26.77 per litre despite no increase being required in the rates of petrol. The premier imposed a nearly Rs27 per litre additional tax on the fuel to push its price higher. Accordingly, the HSD price has been fixed […]
‘Much-needed breather’, FPCCI welcomes reduction in petrol, diesel rates
The Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has welcomed the federal government’s recent decision to slash high-speed diesel (HSD) and petrol prices. On Friday night, Prime Minister Shehbaz Sharif had announced reduction of Rs135 per litre in diesel and Rs12 per litre in petrol prices. With the announcement, diesel will now cost […]
Pakistan cuts fuel prices as PM Shehbaz announces relief package
Prime Minister Shehbaz Sharif has announced a significant reduction in fuel prices, lowering high-speed diesel (HSD) by Rs135 per litre and petrol by Rs12 per litre, in what he described as a moment of economic relief for the public. Read More: Petrol will now cost Rs 458 per litre, diesel Rs 520 In a televised address to the nation, […]