POL prices surged by up to Rs8.82 per litre

News Image

By MG News | October 01, 2021 at 09:44 AM GMT+05:00

0:00

October 1, 2021 (MLN): The government on Thursday decided to increase the price of petroleum products by up to Rs8.82 per litre owing to the fluctuations in Petroleum prices in the international market and exchange rate variation in the last fortnight.

According to a notice issued by Finance Division, the Oil & Gas Regulatory Authority (OGRA) worked out the higher petroleum prices but Prime Minister Imran Khan has decided against the recommendation and passed on the minimum increase in prices to the consumers.

The government absorbed the higher international pressure of prices through a reduction in the petroleum levy and the sales tax.

It is pertinent to mention that petroleum prices in Pakistan are the cheapest in the region, the notification added.

The prices of petrol and high-speed diesel (HSD) have moved up by Rs4 and Rs2 per litre, respectively. While the prices of Kerosene Oil and Light Diesel Oil enhanced by Rs7.05 and Rs8.82 per litre.

The new prices of Petrol, HSD, Kerosine oil, and Light diesel now stand Rs 127.30, Rs122.04, Rs99.31, and Rs99.51 per litre respectively.

The new prices are effective from Today, October 1, 2021, for the next fifteen days.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 132,576.99
161.03M
-0.62%
-826.20
ALLSHR 82,983.68
903.36M
-0.25%
-204.38
KSE30 40,358.80
56.86M
-0.72%
-292.66
KMI30 190,727.32
67.92M
-0.71%
-1356.60
KMIALLSHR 55,698.48
457.08M
-0.27%
-149.22
BKTi 36,242.06
11.15M
-0.50%
-180.82
OGTi 28,323.42
10.71M
-0.40%
-114.19
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 109,450.00 109,565.00
108,625.00
235.00
0.22%
BRENT CRUDE 70.36 70.71
69.85
0.21
0.30%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
1.45
1.51%
ROTTERDAM COAL MONTHLY 109.00 109.00
109.00
1.90
1.77%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 68.56 68.94
67.78
0.23
0.34%
SUGAR #11 WORLD 16.41 16.42
16.08
0.28
1.74%

Chart of the Day


Latest News
July 09, 2025 at 05:27 PM GMT+05:00

Gold price in Pakistan falls Rs3,000 per tola


July 09, 2025 at 05:26 PM GMT+05:00

UBL crowned top performing Primary Dealer in FY25


July 09, 2025 at 05:11 PM GMT+05:00

SECP approves name change for Secure Logistics


July 09, 2025 at 05:02 PM GMT+05:00

Govt waives tax, slashes duties on sugar imports



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg