Tag: diesel

Petrol, diesel likely to become cheaper by Rs10

Admin
Petroleum-prices

ISLAMABAD: The petrol price is estimated to decline by about Rs9-10 per litre on Jan 15 for the next fortnight due to a combination of lower international prices, exchange rate gains and a decline in premium. High-speed diesel (HSD) is also expected to be cheaper by around Rs2 per litre. Informed sources said the prices of all petroleum products had declined in the international market over the past fortnight and the rupee had also gained against the US dollar while the premium on procurement of petrol had also come down.…

Read More

OMC, dealers’ margin increased by up to 88 paisas

Admin
Petroleum-prices

Govt is charging Rs50 per litre petroleum levy on diesel, Rs60 on petrol ISLAMABAD: The government has further increased the margin of oil companies and dealers on petrol and diesel, as a result of which complete relief on petroleum products could not reach the people. In the caretaker government’s first step of providing relief to the inflation-hit people, the prices of petroleum products had been reduced by up to Rs11 per litre, in a first major decline in two months on the back of a strengthened rupee. The new prices…

Read More

Fuel prices may finally come down after two months

Admin
Petroleum-prices

ISLAMABAD: The prices of high-speed diesel (HSD) and petrol are estimated to be reduced by about Rs5-19 per litre for the Oct 1-15 period, in what could be the first decrease in two months, mainly because of the rupee’s appreciation. The prices of the two essential fuels were last cut in mid-July when petrol was reduced by Rs9 per litre to Rs253 and diesel by Rs7 per litre to Rs253.50. Sources told Dawn that based on the existing tax rates and other overheads, the petrol price could come down by Rs15-19 per litre in…

Read More

Petrol and diesel: Exchange adjustment rate for PSO kept at Rs4.24, Rs2.62 per litre

Admin
Petroleum-prices

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has kept Rs4.24 and Rs2.62 per litre exchange adjustment rate for Pakistan State Oil (PSO) on both petroleum products – petrol and high-speed diesel (HSD)- for the first half of September. The same rate was applicable during the second half of August 2023. The interim government had raised the petrol price by Rs14.91 per litre, while the price of HSD had been jacked up by Rs18.44 per litre. The new petrol price is at Rs305.36 per litre and HSD is now costing…

Read More