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Browsing Tag
petrol prices
Pakistan might witness a surge in petrol and diesel prices by Rs. 4 to 11 per liter for the next fortnight. The reason behind this anticipated hike in petrol prices in Pakistan lies in the global oil market,…
Petrol Prices Are Likely to Descend by Rs. 13
Once Again, the petrol prices in Pakistan are about to revise for the next fortnight, and Again, the news of anticipated decrease in fuel prices dwells on the horizon. Such news is sometime a sigh of relief for…
Petrol Prices Are Likely to Witness A Significant Decrease From Dec 1
When the inflation-stricken masses in Pakistan continues to grapple with the persistent challenges, here we have strong a indication of reduction in petrol prices.
In a promising turn of events, global oil…
Petrol Price Is Expected to Surge by Rs. 3/L
As the already-burdened masses in Pakistan anticipated a sigh of relief with a potential drop in petrol prices, recent reports have thrown a curveball, predicting an unexpected surge in the cost of petrol and a…
Petrol Price Is Expected to Drop by Rs. 41/L
When Pakistan's already inflation-stricken segment of society is bearing the brunt of financial repercussion, again, a welcoming update regarding petrol prices coming from international oil markets is…
Petrol Prices in Pakistan May Fall Again
In Pakistan, surge in petrol prices on every fortnight has become a norm. The practice has pushed fuel prices to the record high of Rs. 323.38, even after the recent slump of Rs. 8 per litre on Oct 1, 2023.…
Petroleum Sales Dropped to Lowest In 44 Months
Uneven surge in the prices of petroleum products in last few months has not only bred the fresh wave of hyperinflation in the country but also eroded sale volumes. The demand of petrol and diesel is marking a…
Govt Decreases Petrol Price by Rs. 8/liter
In a welcome move for the masses, the Pakistani government has announced a substantial reduction in petrol prices. The latest news revealed that petrol will now cost Rs. 323.38/liter after a Rs. 8/liter…
Ogra Shoots Down Hopes of Reduction in Petrol Price
It’s not even been three days since the country’s national media conveyed the anticipated reduction in petrol prices, and OGRA has rubbished all speculations. Suffice it to say, there is not even an iota of low…
Fuel Prices Expected To Fall Next Month
The month of October might bring some welcome relief to Pakistani consumers as a significant reduction in fuel prices is anticipated. Officials from the Ministry of Finance suggest that a rise in the value of…
Pakistan, Are You Ready For Over Rs. 300/L Petrol?
Today is the last day of this month, which means new petrol prices for the next fortnight will be announced by tonight. As the caretaker government struggles to keep the electricity prices in control, the media…
Petrol Price in Pakistan Likely to Go Over Rs. 300/Liter
While the caretaker government is trying to resolve the issue of high electricity bills, a potential fuel price shock looms over the horizon later this week, which may push the petrol price in Pakistan over Rs.…
Massive Hike Is Expected in Petrol Prices
When the already vulnerable masses are bearing the brunt of recent crude shocks observed in the last two weeks, the Kakar-led interim government is all set to increase petrol prices in the next fortnight's…
PSO Annual Profit Plummets by 90%
The Pakistan State Oil (PSO), a government-owned enterprise, experienced a significant drop of nearly 90% in its combined net earnings, amounting to Rs9.82 billion for the fiscal year ending on June 30, 2023.…
Pakistan didn’t Import Any Diesel Last Month
The country's auto industry is not the only sector grappling with economic uncertainties; the oil industry in Pakistan, in a surprising twist of fate, is also feeling the heat. As per the tweet of economist…
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