Tag: Petrol

Petrol and High-Speed Diesel Prices Expected to Rise

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Petrol-price

The prices of petrol and high-speed diesel (HSD) are anticipated to increase by Rs4-11 per litre for the next fortnight, starting from February 16. This hike is attributed to higher international prices and import premiums, offsetting the impact of a minor exchange rate gain. Sources familiar with the matter revealed that both petrol and HSD experienced an uptick in international market prices over the current fortnight. Additionally, Pakistan State Oil (PSO) faced higher import premiums on petrol despite a slight appreciation of the rupee against the US dollar. Consequently, the…

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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.…

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

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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…

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