petrol News

Govt hikes petrol price by Rs8.36, diesel by Rs10.39 per litre

The federal government has raised the price of petrol by Rs8.36 per litre to Rs266.79 for the next fortnight, effective July 1, 2025, according to a Monday notification issued by the Finance Division.

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Petrol prices expected to rise by Rs13 from July 1

Petrol prices are expected to rise by approximately Rs13.68 per litre, with revised prices likely to be effective from July 1 to 15, 2025, amid a surge in international oil rates.

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Diesel, petrol prices may rise by Rs27, Rs21 amid regional tensions

Diesel and petrol may rise by Rs27 per litre and Rs21 per litre, respectively, amid regional tensions, as domestic fuel prices are likely to face another round of hikes due to escalating global oil prices driven by the Israel-Iran conflict.

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Govt hikes petrol price by Rs1 per litre, keeps diesel rate unchanged

The federal government has increased the prices of petroleum products by Rs1 per litre for the upcoming fortnight, according to a press release issued by the...

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Petrol prices expected to drop by Rs3.5

Petrol prices are expected to drop by approximately Rs3.5 per litre due to a decline in international rates....

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Govt keeps petrol price unchanged

The government has kept the petrol and High Speed Diesel (HSD) prices unchanged for the next fortnight....

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Petrol price expected to rise again in Pakistan

Petrol prices are expected to rise again by about Rs2.5 per litre following an increase in international rates...

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Oil companies urged to set up new fuel stations in every district

Each oil company should have at least two to three fuel stations in each district of the province to boost business activities and create employment...

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Govt lowers petrol price by Rs10 per litre

For the fourth consecutive fortnight, the government has reduced the price of petrol by Rs10 to 249.1 a litre...

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Petrol price likely to drop by Rs12.5 per litre

Petrol prices are expected to drop significantly by about Rs12.5 per litre following a slump in international rates...

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Govt cuts petrol price by another Rs1.86 per litre

The federal government has once again reduced the price of petrol by Rs1.89 to Rs259.1 per litre...

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Govt cuts petrol price by Rs6.17 per litre

After two consecutive increases, the government has reduced the price of petrol by Rs6.17 to Rs269.43 per litre...

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Govt imposes 10% duty on petrol, diesel imports

The federal government has levied a 10% regulatory duty on the import of Motor Spirit and High-Speed diesel oil...

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Petrol prices likely to drop by another Rs9 per litre

The government is likely to reduce the price of petrol by another Rs9 per litre for the second half of June 2024...

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OGRA cuts petrol price by Rs4.74 to Rs268.36 per litre

The Oil and Gas Regulatory Authority (OGRA) has decided to reduce the price of petrol by Rs4.74 to Rs268.36 per litre...

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PM Shehbaz directs reduction in petrol price by Rs15.4

Prime Minister Shehbaz Sharif has directed to reduce the price of petrol by another significant Rs15.39 to Rs257.7 per litre...

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Petrol prices likely to fall by Rs12.8 per litre

The government is likely to cut the price of petrol by another Rs12.8 per litre for the second half of May 2024, in line with the decline in international...

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Govt cuts petrol price by Rs5.45 to Rs288.49 per litre

The federal government has reduced the price of petrol by Rs5.45 per litre to Rs288.49, said a notification...

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OGRA denies rumors of ending local refinery priority for oil products

The Oil & Gas Regulatory Authority (OGRA) has clarified that certain news reports circulating in the media, which suggest the discontinuation of prioritizing...

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Petrol prices likely to nudge up, diesel rates set for notable hike

Following the upward trend in the international market, the government is likely to hike the price of petrol by around Rs1.4 per litre and high-speed diesel...

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Oil sales rise 3% MoM to 1.15 MTs in March 2024

The sales of oil marketing companies (OMCs) increased by 3% MoM to clock in at 1.15 million tonnes (MTs) in March 2024 compared to 1.12 MTs in....

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Govt announces Rs9.66 per litre rise in petrol prices

The federal government has hiked the price of petrol by Rs9.66 per litre to Rs289.41, said a notification issued by the...

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Govt likely to hike petrol price by Rs10 per litre

Following the upward rally in the international market, the government is likely to hike the price of petrol by around Rs10 per litre for the...

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Govt maintains petrol price at Rs279.75 per litre

The federal government has decided to keep the price of petrol unchanged at Rs279.75 per litre...

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No major change expected in petrol prices in upcoming fortnight

The government is anticipated to make a minor adjustment to fuel prices for the second half of March 2024...

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Oil sales drop 19% MoM to 1.12 MTs in February

The sales of oil marketing companies (OMCs) dropped by 19% MoM to clock in at 1.12 million tonnes (MTs) in February 2024 compared to 1.38 MTs in...

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Petrol prices raised by Rs4.13 per litre, third consecutive hike

The government has once again raised the price of petrol by Rs4.13 per litre amid an increasing trend in global oil prices...

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Govt likely to increase petrol price by Rs3.5 per litre

The government is likely to hike the price of petrol by Rs3.5 per litre for the first half of March, 2024...

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Petroleum products production grows 6.5% in 5MFY24

The production of petroleum products witnessed an increase of 6.49% YoY during the first five months of FY24...

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Govt slashes petrol prices by Rs8 per litre

To pass on the benefits of lower global oil prices to consumers, the government has decided to slash the price of petrol by Rs8 per litre to Rs259.34...

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Oil sales fall 10% MoM to 1.24 MTs in December

The sales of oil marketing companies (OMCs) declined by 10% MoM to clock in at 1.24 million tonnes (MTs) in December 2023 compared to 1.37 MTs in November...

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Petrol likely to get cheaper, diesel costlier in coming fortnight

The fuel prices are expected to remain comparatively stable for the next fortnight, with the petrol price likely to see a probable reduction of around Rs1...

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Govt likely to announce further relief in petrol prices in upcoming fortnight

The government is expected to announce further relief for the consumers, with a probable reduction of Rs1.72 per litre in petrol prices for the...

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Attock Refinery shuts down two units amid fuel stockpile

Attock Refinery Limited (PSX: ATRL) has decided to temporarily shut down two of its crude distillation units to manage refinery....

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Govt likely to announce big relief in fuel prices amid global dip

The government is expected to announce a significant relief for the consumers, with a likely reduction of Rs13 and Rs15 per litre in the prices of petrol and...

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Govt maintains petrol price, cuts HSD by Rs7 per litre

The caretaker federal government on Thursday decided to maintain the current petrol price of RsRs281.34 for the next fortnight, said...

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Petrol prices drop Rs2.04, Diesel Rs6.47 per litre

The caretaker federal government on Thursday decided to reduce the price of petrol and High-Speed Diesel (HSD) by Rs2.04 and Rs6.47 per litre, respectively...

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Rs10 cut in diesel, hike in petrol prices likely

Petrol prices may see a slight increase, even though global crude oil prices have dropped significantly since the last fortnight...

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Petrol prices expected to increase by Rs2.43, diesel to drop by Rs5.65

The rise in global oil prices amid the Middle East conflict suggests a slight upward revision in petrol prices by around Rs2.43...

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Petrol prices likely to increase amid global oil crisis

The surge in global oil prices amid the Middle East conflict suggests an upward trend in petrol and diesel prices, with petrol expected to increase...

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Textile exports registered a fall of 17.07% YoY in September: SBP

The country's total textile export registered a fall of 17.07% YoY to $1.33bn in September 2023 compared to $1.61bn...

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Govt hikes petrol prices by Rs26

The caretaker government on Saturday hiked the petrol and High-Speed Diesel (HSD) prices by Rs26.02 and Rs17.34 per litre to Rs331.38...

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Petrol crosses Rs305 mark

The caretaker government on Thursday hiked the petrol and High-Speed Diesel (HSD) prices by Rs14.91...

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Govt hikes petrol prices by Rs17.5 per litre

The government on Tuesday hiked the petrol prices by Rs17.5 to Rs290.45 per litre amidst increasing the price of oil in the international market...

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Govt likely to increase petrol prices

Subject to the rising oil prices in the global market, the government may raise per liter petroleum prices....

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Petrol pumps strike averted as dealers agree on margin revision

The Pakistan Petroleum Dealers Association (PPDA) has decided to defer its strike till Monday, July 24th, 2023, after reaching an understanding with the auth...

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Petrol pumps to shut down across Pakistan from July 22

The Pakistan Petroleum Dealers Association (PPDA) has decided to go on a countrywide strike on Saturday (July 22) at 18:00 PST to urge the government to raise..

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Government raises HSD prices by Rs7.5 per litre, no change in petrol prices

The government has decided to keep the price of petrol unchanged, however, the price of high-speed diesel (HSD) is increased by Rs7.5 per litre for the next...

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Govt slashes petrol prices by Rs8, Diesel by Rs5 per litre

In order to provide maximum relief to the masses in difficult times, the Government of Pakistan has announced a decrease of Rs5 per liter in the price of diesel

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Oil sales plunge by 46% YoY in April

The sales of oil marketing companies (OMCs) decreased by 46% YoY and 6% MoM...

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Govt declines petrol prices by Rs3.05 per litre

Govt declines petrol prices by Rs3.05 per litre

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PDC swells to Rs56.9bn in fortnight

PDC swells to Rs56.9bn in fortnight

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Ample diesel and petrol stocks available in the country

Ample diesel and petrol stocks available in the country

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OMCs' margins jack up by Rs0.71 per litre

OMC’s margin jacked up by Rs0.71 per litre

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Petrol dealers end strike as govt agrees to hike margins

Petrol dealers end strike as govt agrees to hike margins

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Govt releases 100% petroleum sector funds allocated under PSDP 2020-21

Govt releases 100 petroleum sector funds allocated under PSDP 2020 21

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Petrol prices likely to go up by Rs6 from July 1st

Petrol prices likely to go up by Rs6 from July 1st

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Government increases prices of POL products

Government increases prices of POL products

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Finance Minister announces to decrease petrol price by Rs1.5, diesel by Rs3

Finance Minister announces to decrease petrol price by Rs1.5, diesel by Rs3

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Azerbaijan offers supply of petrol and LNG cargoes to PLL and PSO on credit under G2G arrangement

Azerbaijan offers supply of petrol and LNG cargoes to PLL and PSO on credit under G2G arrangement

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Weekly Economic Roundup

Weekly Economic Roundup

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Petroleum supply likely to be fully restored today: Info Minister

Petroleum supply likely to be fully restored today Info Minister

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PM directs to provide relief to people by reducing petrol, gas prices

PM directs to provide relief to people by reducing petrol, gas prices

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Name Price/Vol %Chg/NChg
KSE100 130,586.99
189.56M
0.19%
242.95
ALLSHR 81,188.24
610.50M
0.20%
164.25
KSE30 39,960.58
75.51M
0.13%
52.31
KMI30 190,382.80
94.22M
0.45%
847.80
KMIALLSHR 54,973.81
319.59M
0.35%
190.15
BKTi 34,749.34
18.73M
-0.55%
-191.39
OGTi 28,558.74
12.89M
0.93%
262.69
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 109,925.00 110,195.00
109,200.00
-360.00
-0.33%
BRENT CRUDE 68.46 69.00
68.32
-0.65
-0.94%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
-0.75
-0.76%
ROTTERDAM COAL MONTHLY 109.20 0.00
0.00
0.20
0.18%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.79 67.50
66.65
-0.66
-0.98%
SUGAR #11 WORLD 15.47 15.62
15.45
-0.11
-0.71%


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