Huge Increase in Petroleum Prices Announced amid US-Iran War

Govt of Pakistan have announced new Petrol and High Speed Diesel prices, effective immediately from mid-night 7th Mar, 2026. These prices, according to govt sources, have been increased to contain the demand of Petrol and Diesel against the limited supply of both commodities during the US-Iran War. Pakistan imports huge portion of its Petrol, Diesel and even the Natural Gas from the gulf states. Now as the movements of ships being restricted from the Strait of Hormuz passage way, Pakistan is likely to be highly affected by this, like many other nations of world. While the Govt of Pakistan previously claimed that they have at least 28 days of supply of fuels, later on we also heard some contradictory statements […]

Petrol price reduced for April 2025 First Half

Again as usual Govt. of Pakistan announced new petrol and diesel prices, which will be applicable for first 15 days of April 2025. The price of Petrol have been reduced mere Re. 1 on the contrary the price of Diesel is kept unchanged. So following are the details of old and new, petrol and diesel prices applicable from April 1, 2025 to April 15, 2025. Petroleum Product Old Price New Price Difference Petrol 255.63 254.63 -1 Diesel (HSD) 258.64 258.64 0 As Govt of Pakistan reviews the petrol and diesel prices every 15 days, next review will come up on 15th of April and those prices will be applicable for second half of April 2025. Oil and Gas Regulatory Authority […]

Petrol and diesel prices increased for period until Dec 15, 2024

As the Nov 2024 have ended, Govt. of Pakistan have announced new prices of petrol and diesel. Oil and Gas Regulatory Authority (OGRA) suggests new prices after calculations based on international crude oil price, procuring cost, applicable taxes etc. Then these prices are forwarded for approval to finance ministry and ultimately to the Prime Minister himself. They can also adjust the price, any adjustment on this level results in increase or decrease of taxes. So after going through the whole process described above, the petrol and diesel prices have been increased for the first fifteen days of December 2024. The details of new and old prices as well as the difference is as follows. Petroleum Product New Price Old Price […]

New reduced petrol and diesel prices are set for first half of Sep 2024 in Pakistan

As per usual schedule of every 15 days, on the start of Sep 2024, Govt of Pakistan have once set new prices for petrol and diesel. Prices of both petroleum products as well as the Kerosene oil prices have gone down. The change in prices is however not significant. Specially petrol price have gone down by mere Rs. 1.86 while the high speed diesel price have gone down by Rs. 3.86 per litre. Full details of old and new prices of petroleum products in Pakistani Rupee (PKR) are as follows. Petroleum Product New Price Old Price Difference Petrol 259.20 260.96 -1.86 High Speed Diesel (HSD) 262.75 266.07 -3.32 Light Diesel Oil (LDO) 154.05 157.02 -2.97 Kerosene 169.62 171.77 -2.15 These […]

Petrol and Diesel prices to remain unchanged in first half of Nov 2023

Every month from 1st or 16th. government of Pakistan changes the prices of petroleum products in Pakistan. However for the month of November 2023, government of Pakistan have decided to keep the prices same as the last 15 days of october. The petroleum prices in Pakistan depend on the different factors. These factors include, but are not limited to, the value of local currency against foreign currencies like US dollar and also the crude oil prices in the international market. Recently the Pakistani currency have gained some value against foreign currencies and also the crude oil prices are going down significantly in the international market. So there was some room in the prices of petroleum products so that they could […]