The federal government of Pakistan is gearing up to raise the prices of petroleum products following the recent hike in power tariffs.
According to sources, preparations have been completed to implement the price increases starting from February 29.
It is anticipated that the price of petrol will rise by Rs4.50 per liter, while diesel may see an increase of Rs2.50.
Additionally, the price of Kerosene oil could go up by Rs2.92 per liter, while light diesel oil prices are expected to remain unchanged.
The current price of crude oil in the Brent oil market stands at $82.52 per barrel.
The Oil and Gas Regulatory Authority (OGRA) is set to submit a summary of the proposed price hike to the Ministry of Petroleum on February 29. The Finance Minister will announce the new prices after consultation with the Prime Minister, and these adjustments will be effective from March 1 to 15.
U.S. President Donald Trump said up to five fighter jets were brought down during the…
Spotify's RADAR Pakistan returns this quarter, spotlighting Afusic as its latest featured artist. Afusic is…
The Overseas Investors Chamber of Commerce and Industry (OICCI) is deeply saddened by the tragic…
If you’re planning a Dubai getaway that’s got a little bit of everything, world-class shopping,…
The Citizens Foundation (TCF), a leading non-profit organisation dedicated to education in Pakistan, has launched…
inDrive, the country’s largest mobility platform, has launched Premium-category Rides in major cities across Pakistan,…
This website uses cookies.
