There is a looming possibility of a substantial rise in petrol prices in Pakistan starting February 1st, 2024, and this potential increase is linked to the upward trajectory of global oil prices. The upcoming biweekly review on January 31st is expected to unveil a noteworthy increase of Rs9 per ...

Once again, a decrease in crude oil prices is observed in the global market. Brent futures in the global market dropped by 0.6%, or 49 cents, to $78.39 per barrel, while WTI Intermediate Crude futures fell by 0.6%, or 42 cents, to $73.65 per barrel. A 2% reduction in crude oil prices worldwide ...

In the upcoming adjustments to petroleum product prices expected in the second half of November, a dynamic scenario is anticipated. Predictions suggest a potential increase of Rs3.18 per litre in petrol prices, reaching Rs286.56 per litre from the current Rs283.38. On the other hand, high-speed ...

Despite the decline in international petroleum product rates, the price of petrol in Pakistan is projected to rise from November 16. Sources indicate that global price reductions and a robust dollar may not bring significant relief to fuel costs, with a potential increase of Rs 3 per liter ...

The caretaker government announced on Tuesday its decision to maintain the current prices of petrol and high-speed diesel (HSD) for the next two weeks despite drop in international prices. This announcement was made through a notification from the Ministry of Finance. Accordingly, the prices ...

In Pakistan, there is a possibility of a significant reduction in petroleum product prices once again from November 1st. According to media reports, the price of crude oil in the global market has decreased by $5 per barrel, which could lead to a reduction of 20 Pakistani Rupees per liter in ...

The world is currently on edge, anticipating a potential energy crisis due to escalating tensions in the Middle East, which have caused a significant spike in global oil prices. In Pakistan, consumers are facing the unsettling possibility of both petrol and diesel prices surging in the coming ...

On Sunday, the interim government implemented significant price reductions for petroleum products. They lowered the price of petrol by Rs40 per liter and reduced high-speed diesel (HSD) by Rs15 for the upcoming two weeks. As per the Ministry of Finance's notification, the new rates are set ...

In the global market, there is a noticeable decrease in oil prices and an increase in the value of the rupee, which may lead to the possibility of petrol and high-speed diesel prices falling below 300 rupees per liter next month. There is a possibility of a 20 rupees per liter reduction in the ...

Due to a decrease in expectations of crude oil and petroleum reserves in the United States, along with concerns about supply, there has been a consistent decline in global crude oil prices over the past three days. According to international media, today, in the global market, the price of Brent ...