Tag Archives: diesel prices

ISLAMABAD: Despite a drop in international prices, the government on Wednesday left the prices of major petroleum products – petrol and high speed diesel (HSD) – unchanged for the next fortnight ending Dec 15. In reaching this decision, the government on the other hand, increased petroleum levy on HSD by Rs10 per litre to about Rs22.60 besides increasing the profit …

ISLAMABAD: The federal government on Friday announced a cut of around five per cent in the prices of all petroleum products for the next fortnight. The relief, which has been extended after a tacit nod from the International Monetary Fund (IMF), was announced by Finance Minister Ishaq Dar at a news conference after consultation with Prime Minister Shehbaz Sharif.   …

ISLAMABAD: The prices of all petroleum products are set to significantly go up on Tuesday owing to higher international prices and some adjustments in tax rates. Three different options are under consideration of the government. Based precisely on existing tax rates and oil import price, the ex-depot price of high-speed diesel (HSD) is estimated to go up by Rs5.58 per …

ISLAMABAD: The government on Monday decided not to increase the prices of petrol and high-speed diesel (HSD) by adjusting taxes, but increased the rates of kerosene and light diesel oil. “Despite very limited fiscal space, the government has decided that the prices of petrol and HSD will remain the same,” said the Ministry of Finance. On the other hand, it …

ISLAMABAD: Amid low fuel demand locally, the government slashed prices of petrol by Rs1.57 per litre effective from Sunday (today), the Ministry of Finance announced in a statement issued here on Saturday. With a cut of Rs1.57, the price of petrol has been reduced from Rs103.97 to Rs102.40 per litre. High speed diesel (HSD) will be sold for Rs103.22 per …

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) on Wednesday proposed an increase of about Rs7-9 per litre in petrol and high speed diesel (HSD) for next month and about Rs6 per litre increase in kerosene and light diesel oil (LDO) rates. However, the government is expected to increase the price of petrol and HSD by Rs4-5 per litre by …

ISLAMABAD: The prices of petroleum products are estimated to decrease substantially for the month of March owing to about 20 per cent fall in oil prices in the international market. Three different proposals are currently in the field for price cut as the Dubai Crude rate came down from $62 per barrel on Jan 31 to $50 a barrel on …

ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) has recommended cut in petrol and diesel prices for the month of February. Sources said the regulatory body has sent the summary to decrease petrol and diesel prices to the ministry of petroleum. The Petroleum Minister has received the OGRA summary. The final decision will be made by Ministry of Finance after the …