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Tag: petroleum prices

  • Prices of petroleum products kept unchanged for next 15 days

    Prices of petroleum products kept unchanged for next 15 days

    ISLAMABAD: The government on Sunday decided to keep prices of petroleum products unchanged during first fortnight of March 2021.

    This is the second fortnight in a row when the government decided to keep the POL prices unchanged.

    The prices as of February 01, 2021 remain effective for the first fortnight of March 2021.

    The government on January 31, 2021 announced raise in petroleum prices. Following prices were increased and effective from February 01, 2021:

    The price of petrol has been increased by Rs2.70 per liter to Rs111.90 from previous rate of Rs109.20.

    The rate of high speed diesel has been enhanced by Rs2.88 per liter to Rs116.07 from Rs113.19.

    The price of kerosene oil has been increased by Rs3.54 per liter to Rs80.19 from Rs76.65.

    The rate of light diesel oil has been increased by Rs3.00 per liter to Rs79.23 from Rs76.23.

  • Prices of petroleum products kept unchanged

    Prices of petroleum products kept unchanged

    ISLAMABAD: The federal government has decided to keep the prices of petroleum products unchanged for next fortnight.

    According to a statement issued on Monday, the government has decided not to change the prices of petroleum products for next fortnight.

    The prices as of February 01, 2021 remain effective for the rest of the month.

    The government on January 31, 2021 announced raise in petroleum prices. Following prices were increased and effective from February 01, 2021:

    The price of petrol has been increased by Rs2.70 per liter to Rs111.90 from previous rate of Rs109.20.

    The rate of high speed diesel has been enhanced by Rs2.88 per liter to Rs116.07 from Rs113.19.

    The price of kerosene oil has been increased by Rs3.54 per liter to Rs80.19 from Rs76.65.

    The rate of light diesel oil has been increased by Rs3.00 per liter to Rs79.23 from Rs76.23.

    The new prices of petroleum products are applicable from mid night February 01, 2021.

  • Petroleum levy collection registers 100 percent increase

    Petroleum levy collection registers 100 percent increase

    ISLAMABAD: The collection of petroleum levy has registered almost 100 percent increase during the first half of the current fiscal year, according to official statistics made available on Saturday.

    (more…)
  • Petrol price increased to Rs111.90 per liter

    Petrol price increased to Rs111.90 per liter

    The government has announced an increase in the prices of petrol and other petroleum products, citing rising international oil prices as a key factor.

    (more…)
  • Petrol per liter price increased to Rs109.20

    Petrol per liter price increased to Rs109.20

    Islamabad: The government on Friday announced increase in prices of petroleum products for next fortnight and fixed Rs109.20 for per liter petrol, a statement said.

    The new prices will be implemented with effect from January 16, 2021.

    The price of petrol has been increased by Rs3.2 per litter to Rs109.20 from previous rate of Rs106.

    The rate of high speed diesel has been enhanced by Rs2.95 per liter to Rs76.65 from Rs73.65.

    The price of kerosene oil has been increased by Rs3 per liter to Rs76.65 from Rs73.65.

    The rate of light diesel oil has been increased by Rs4.42 per liter to Rs76.23 from Rs71.81.

    The new prices of petroleum products are effective till January 31, 2021.

  • New Year gift: prices of all petroleum products increased

    New Year gift: prices of all petroleum products increased

    ISLAMABAD: The federal government on Thursday announced a New Year gift for general public by enhancing prices of all petroleum products next fortnight effective from mid-night of January 01, 2021.

    According to a press statement issued by the Finance Division, the prices of petroleum products enhanced and will effect from January 01, 2020 for the next fortnight, are as follow:

    The price of petrol has been increased by Rs2.31 to Rs106 per liter from Rs103.69.

    The rate of high speed diesel (HSD) increased by Rs1.80 to Rs110.24 per liter to Rs108.44.

    The price of kerosene oil has been enhanced by Rs3.36 to Rs73.65 per liter from Rs70.29.

    Similarly, the price of light diesel oil has been increased by Rs3.95 to Rs67.86 per liter from Rs71.81.

  • Prices of petrol, diesel reduced for next fortnight

    Prices of petrol, diesel reduced for next fortnight

    ISLAMABAD: The federal government on Sunday decided to reduce prices of petroleum products for next fortnight effective from November 16, 2020.

    A statement issued by the finance division said that the price of petrol has been reduced by Rs1.71 per liter and rate of high speed diesel reduced by Rs1.79 per letter.

    The new prices of petroleum products will be as under effective from November 16, 2020:

    Petrol Rs100.69/liter

    High Speed Diesel Rs101.43/liter

    Kerosene Oil Rs 65.29/liter

    Light Diesel Oil Rs62.86

    SBP allows banks to accept electronic warehouse receipts as collateral for financing
  • Petrol price increases to Rs103.97 per liter

    Petrol price increases to Rs103.97 per liter

    ISLAMABAD: The government has increased prices of petroleum products effective from August 01, 2020. The price of petrol has been increased by Rs3.86 per liters.

    According to a statement issued on Friday, the government decided to revise the existing prices of petroleum products in view of the rising oil prices trend in the global market.

    The new prices effective from August 01, 2020 are as follows:

    The price of MS (Petrol) has been increased by Rs3.86 per liter to Rs103.97 from Rs100.11.

    The price of High Speed Diesel (HSD) has been increased by Rs5 per liter to Rs106.46 from Rs101.6.

    The price of kerosene oil has been increased by Rs5.97 per liter to Rs65.29 from Rs59.32.

    The price of light diesel oil has been increased by Rs6.62 per liter to Rs62.86 from Rs56.24.

  • Govt. slashes petroleum prices up to 25 percent

    Govt. slashes petroleum prices up to 25 percent

    ISLAMABAD: The government has reduced up to 25 percent the consumer prices of petroleum products for the month of June 2020.

    A statement on Sunday said that price up to 25 percent or Rs11.88 has been reduced on sale of kerosene oil to Rs35.56 per liter from Rs35.56/liter.

    The rate of light diesel oil has been reduced by Rs9.01 or 19.72 percent to Rs38.14 per liter from Rs47.51 per liter.

    Similarly, price of petrol has been reduced by Rs7.06 or 8.65 percent to Rs74.52 per liter from Rs81.58 per liter.

    However, the price of high speed diesel is remained flat at Rs80.10 per liter with nominal increase of five paisas.

    A statement issued by the finance division said that despite the global trend of increasing prices of the petroleum products, the government has decided to extend further relief in petroleum prices to the public.

    These prices shall be applicable from of June 01, 2020.

  • Petroleum prices reduced up to Rs7 per liter

    Petroleum prices reduced up to Rs7 per liter

    ISLAMABAD: The government has reduced prices of petroleum products up to Rs7 per liters for the month of March 2020, a notification said on Saturday.

    The notification issued by Finance Division stated that the government decided to decrease the prices of petroleum products to provide relief to the consumers.

    The government is committed to extend relief to the public whenever fiscal space becomes available.

    As per the notification following prices will be effective from March 01, 2010:

    The price of petrol has been reduced by Rs5 per liter to Rs111.60 from Rs116.60.

    The price of high speed diesel has been reduced by Rs5 per liter to Rs122.26 from Rs127.26,

    The price of kerosene oil has been reduced by Rs7 per liter to Rs92.45 from Rs99.45.

    The price of light diesel oil has been reduced by Rs7 per liter to Rs77.51 from Rs84.51.