Pakistan Revenue
The recent increase in petroleum product prices in Pakistan has been attributed to multiple factors, including taxes and Oil Marketing Companies’ (OMCs) margins, which collectively account for 68% of the ex-depot prices. Effective December 1, 2024, petrol prices rose by Rs 3.72 per litre to Rs 252.10, while High-Speed Diesel (HSD) saw a hike of […]
Continue Reading
Islamabad, November 30, 2024: The government of Pakistan has announced an increase in the prices of key petroleum products for the first half of December 2024. The adjustment, based on recommendations from the Oil and Gas Regulatory Authority (OGRA), reflects global market trends and rising oil prices.
Continue Reading
Pakistan is anticipated to raise petroleum product prices starting December 1, 2024, as global oil prices continue to climb. The price adjustment will follow the routine fortnightly review of petroleum prices, with the updated rates scheduled for announcement on November 30, 2024. These revised prices will be effective from December 1 to December 15, 2024.
Continue Reading
Karachi, November 27, 2024 – The government has announced the petroleum prices in Pakistan for the remainder of November 2024. These rates, set by the Oil and Gas Regulatory Authority (OGRA), will stay in effect until the end of the month.
Continue Reading
Karachi, November 23, 2024 – The updated petroleum prices in Pakistan for Saturday, November 23, 2024, will remain in effect until the end of this month.
Continue Reading
ISLAMABAD: The federal government has decided to keep fuel prices unchanged for the next fortnight, according to a notification issued by the Finance Division. This decision is based on the price trends of petroleum products in the international market during the last two weeks, as calculated by the Oil and Gas Regulatory Authority (OGRA).
Continue Reading
The updated petroleum prices in Pakistan as of November 14, 2024, are as follows: Petrol at PKR 248.38 per liter, High-Speed Diesel (HSD) at PKR 255.14 per liter, Kerosene Oil at PKR 161.54 per liter, and Light Diesel Oil (LDO) at PKR 147.51 per liter.
Continue Reading
Islamabad, November 13, 2024 – Pakistan is preparing to implement another surge in petroleum prices, marking the second increase within November, as reported by official sources. This anticipated adjustment, effective from November 16, 2024, is driven by escalating premiums on petroleum products in the global market, which have significantly raised import costs and strained domestic […]
Continue Reading
Islamabad, October 31, 2024 – In an announcement made on Thursday, the government of Pakistan revealed a revision in petroleum prices, effective November 1, 2024. For the first half of the month, the price of petrol has seen a modest rise, impacting consumers across the country amid shifting global market trends.
Continue Reading
Karachi, October 31, 2024 – As global oil markets continue to experience fluctuation, Pakistan’s authorities prepare to announce revised petroleum prices for the initial fortnight of November 2024.
Continue Reading