Tag: petroleum prices Pakistan

As the Nov 2024 have ended, Govt. of Pakistan have announced new prices of petrol and diesel. Oil and Gas Regulatory Authority (OGRA) suggests new prices after calculations based on international crude oil price, procuring cost, applicable taxes etc. Then these prices are forwarded for approval to finance ministry and ultimately to the Prime Minister himself. They can also adjust the price, any adjustment on this level results in increase or decrease of taxes. So after going through the whole process described above, the petrol and diesel prices have been increased for the first fifteen days of December 2024. The details of new and old prices as well as the difference is as follows. Petroleum Product New Price Old Price […]

As per usual schedule of every 15 days, on the start of Sep 2024, Govt of Pakistan have once set new prices for petrol and diesel. Prices of both petroleum products as well as the Kerosene oil prices have gone down. The change in prices is however not significant. Specially petrol price have gone down by mere Rs. 1.86 while the high speed diesel price have gone down by Rs. 3.86 per litre. Full details of old and new prices of petroleum products in Pakistani Rupee (PKR) are as follows. Petroleum Product New Price Old Price Difference Petrol 259.20 260.96 -1.86 High Speed Diesel (HSD) 262.75 266.07 -3.32 Light Diesel Oil (LDO) 154.05 157.02 -2.97 Kerosene 169.62 171.77 -2.15 These […]

Every month from 1st or 16th. government of Pakistan changes the prices of petroleum products in Pakistan. However for the month of November 2023, government of Pakistan have decided to keep the prices same as the last 15 days of october. The petroleum prices in Pakistan depend on the different factors. These factors include, but are not limited to, the value of local currency against foreign currencies like US dollar and also the crude oil prices in the international market. Recently the Pakistani currency have gained some value against foreign currencies and also the crude oil prices are going down significantly in the international market. So there was some room in the prices of petroleum products so that they could […]

One more hike in petrol and diesel prices was observed last night. Overnight, the petrol and diesel prices were increased significantly by the caretaker govt. The new prices will be valid for second half of september 2023. Caretaker govt blamed the rising prices of crude oil in the international market for the sharp increase in the fuel prices in Pakistan. The details of old and new petrol/diesel prices in Pakistan are as follows. Petroleum Product Old Price New Price Change in Price Petrol (MS) 305.36 331.38 +26.02 High Speed Diesel (HSD) 311.84 329.18 +17.34 Per liter Petrol and Diesel Prices in Pakistan for the second half of September 2023 vs old prices Both petrol and diesel prices are on record […]

Govt of Pakistan have once again announced a hike in petroleum prices in Pakistan. The prices of Petrol and High Speed Diesel (HSD) were increased this time. The new increased prices will be applicable from 1st to 15th of September 2023. Then on 15th the prices for second half of September 2023 will be announced, as per routine. The details of new and old petroleum prices as well as difference between them is as follows. Petroleum Product Old Price New Price Change in Price Petrol (MS) 290.45 305.36 +14.91 High Speed Diesel (HSD) 293.40 311.84 +18.44 Per liter Petrol and Diesel Prices in Pakistan for the first half of September 2023 So, as it can be seen in the table […]