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  Home > Finance > Petroleum Prices in Pakistan
 Petroleum Prices in Pakistan
30 May, 2015 Petrol Prices in Pakistan- Currently, the international market of oil prices are slightly goes down but it is still lifts up as previous, specially oil prices are go up after Yemen crisis and its impact in GCC countries. Currently, WTI Crude Oil US$59.72 per barrel and 1 year forecast of Crude Oil by oil-price.net is $68 per barrel, while Brent Crude Oil US$65.37 per barrel for global trade.It is expected that the petroleum prices in Pakistan would little bit increase from the next month. The petroleum products prices are revised on every month by the Government (Ministry of Finance) and petroleum prices are suggested by the OGRA (Oil & Regularity Authority of Pakistan) on every end of the month to decide new petroleum products prices for the next month and on wards. The main objective of this information page is to keep inform all visitors for the current and fresh petroleum products prices in Pakistan. Petroleum products monthly price revisions are proposed by the OGRA (Oil & Regularity Authority of Pakistan) to Ministry of Petroleum. General public of Pakistan can find updates prices of premium XL / petrol prices, Green XL / HSD (high speed diesel) prices, LSD (light speed diesel) prices, SKO (Kerosene oil) prices, E-10 Gasoline and HOBC (Hi-octane Blending compound) prices on Pakbiz.com. Read more
Product Retail Price
HOBC      Rs. 80.18 /Ltr
Premium   Rs. 74.29 /Ltr
High Speed Diesel     Rs. 83.61 /Ltr
Light Speed Diesel   Rs. 57.94 /Ltr
Kerosene Oil Rs. 61.44 /Ltr


30 May, 2015 Petrol & Diesel Prices in Pakistan 2015 - Find latest monthly revision / updated petroleum products prices in Pakistan on Pakbiz.com. OGRA (Oil & Gas Regulatory Authority) of Pakistan proposed a new petroleum products prices to Ministry of Petroleum of Pakistan on every end of the month, and then ministry of petroleum & natural resources decides it new revision prices for the next month. The proposed fuel prices by OGRA are based on international market of Oil & gas and its current position of up and down. Find premium XL / petrol prices, Green XL / HSD (high speed diesel prices, LSD (light speed diesel) prices, SKO (Kerosene oil) prices, E-10 Gasoline and HOBC (Hi-octane Blending compound) prices. Petroleum prices are causes major impact on Pakistan's economy and it is directly effects on general public.

 Petroleum Prices Archive
Date HOBC Premium HS Diesel LS Diesel Kerosene
Apr 01, 2015 Rs.80.18/Ltr Rs.74.29/Ltr Rs.83.61/Ltr Rs.57.94/Ltr Rs.61.44/Ltr
Jan 31, 2015 Rs.80.18/Ltr Rs.70.29/Ltr Rs.80.61/Ltr Rs.57.94/Ltr Rs.61.44/Ltr
Jan 01, 2015 Rs.92/Ltr Rs.78.28/Ltr Rs.86.23/Ltr Rs.67.5/Ltr Rs.71.92/Ltr
Dec 01, 2014 Rs.106.27/Ltr Rs.84.53/Ltr Rs.94.09/Ltr Rs.77.98/Ltr Rs.83.18/Ltr
Nov 01, 2014 Rs.116.45/Ltr Rs.94.19/Ltr Rs.101.21/Ltr Rs.83.42/Ltr Rs.87.52/Ltr
Oct 01, 2014 Rs.131.13/Ltr Rs.103.62/Ltr Rs.107.39/Ltr Rs.91.46/Ltr Rs.95.6/Ltr
Sep 01, 2014 Rs.129.64/Ltr Rs.106.56/Ltr Rs.108.34/Ltr Rs.92.08/Ltr Rs.97.05/Ltr
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Comments
The Oil and Gas Regulatory Authority (Ogra) has forwarded a summary to the Ministry of Petroleum and Natural Resources on Thursday, seeking raise in the prices of petroleum products, Dunya News reported. According to sources, Ogra has recommended an increase of Rs5.59 per litre in the price of petrol, Rs12.62 per litre in the price of High Octane Blending Component (HOBC) and Rs7.62 per litre in kerosene. Final decision on Ogra s summary will be taken on February 28 and the new prices will be implemented from March 1, 2015.
Ahmed Ibrahim Fri 27 Feb, 2015

As global oil prices appear to have bottomed out, so have retail fuel prices in Pakistan, with petrol prices set to rise by 2.9% from March 1, but would still be 36.5% lower than their peak reached as recently as October 2013. According to initial estimates, new petrol prices for the month of March may be set at Rs72.29 per litre, up Rs2 or 2.9% compared to this month, but still lower than even January’s prices. The final meeting to set prices will take place on Thursday (today) and will include oil industry stakeholders. The Oil and Gas Regulatory Authority (Ogra) had been announcing sharp downward revisions in oil prices for the past three months, in line with the global decline in oil prices, which led to a 40.7% decline in petrol prices from their highest point in October 2013 to their lowest point in February 2015. The cut in February alone was 13.7% from the previous month. The sharp cuts in oil prices led to a surge in demand, resulting in a severe supply crunch across much of Punjab, though that demand surge was also in part because compressed natural gas (CNG) stations, an alternative to petrol used by much of Punjab, were closed down. Petrol sales had jumped from an average of 12,000 metric tons a day prior to the price cuts to 40,000 tons a day in January and 30,000 tons a day in February.
Kamal Laeeq Thu 26 Feb, 2015

The Oil and Gas Regulatory Authority (Ogra) has forwarded a summary to the Ministry of Petroleum and Natural Resources on Thursday, seeking raise in the prices of petroleum products, Dunya News reported. According to sources, Ogra has recommended an increase of Rs5.59 per litre in the price of petrol, Rs12.62 per litre in the price of High Octane Blending Component (HOBC) and Rs7.62 per litre in kerosene. Final decision on Ogra s summary will be taken on February 28 and the new prices will be implemented from March 1, 2015
Aleem Malik Thu 26 Feb, 2015

lubricants walon ki to lottry nikal aai hai PM sb un rates kon sa dept.decide kerta hai, ya phr wo ap ki apni companies hein
Amanat Ali Mon 23 Feb, 2015

Nawaz Sharif Saab jitna tail awaan ka nikaal sakte ho nikaalo main aap ki sath hon :) cause aysi qom k sath aysa hi hona chahye :)
Asad Ahmed Sun 22 Feb, 2015

Oil Prices short view of last week. Current crude oil prices remain below $52 a barrel today (Friday). This comes at the end of a week that has seen a 3.8% drop so far. By 10:30 a.m. Friday, WTI oil prices were down 0.74% to $50.78 a barrel. Brent crude prices traveled in the opposite direction. Futures for April delivery traded up 0.22% at $60.34. Brent closed at a 2015 high on Tuesday, ending the day at $63 a barrel. Oil producers are taking measures that will tighten supply, while demand continues to rise. Together, these forces will allow the oil market to gradually correct. The rig count is already down as companies take production offline because of low prices. Last week, Baker Hughes Inc. (NYSE: BHI ) reported the number of active U.S. rigs fell by 84 to 1,056, the lowest since August 2011. "The reaction to the oil price decline in the U.S. has been pronounced," Moors notes. "The rig count has fallen dramatically to levels not witnessed in over a decade. In addition, operating companies are mothballing more expensive projects and trimming capital expenses."
Imran Ahmed Khan Sat 21 Feb, 2015

please maintain this rates
m anwar Thu 19 Feb, 2015

What will happened next, the international market of oil looks bit high, and currently local oil market of Pakistan down in terms of price, but what is going on, please read some facts. Domestic oil consumption during Jan’15 in 7%YoY and 11%MoM higher at 1.69mn tons, as sales of Mogas and HSD jumped by 34%YoY and 32% YoY respectively. However, sales of FO dropped by 19%YoY. With PSO facing liquidity hardships (8%YoY reduction in sales), smaller OMCs grabbed market share as sales by HASCOL and APL increased by 134%YoY and 20%YoY respectively.
Ahsan Nawaz Sun 15 Feb, 2015

What will happened next, the international market of oil looks bit high, and currently local oil market of Pakistan down in terms of price, but what is going on, please read some facts. Domestic oil consumption during Jan’15 in 7%YoY and 11%MoM higher at 1.69mn tons, as sales of Mogas and HSD jumped by 34%YoY and 32% YoY respectively. However, sales of FO dropped by 19%YoY. With PSO facing liquidity hardships (8%YoY reduction in sales), smaller OMCs grabbed market share as sales by HASCOL and APL increased by 134%YoY and 20%YoY respectively.
Ahsan Nawaz Sun 15 Feb, 2015

The consistent fall in the price of petrol saw a record sale in the month of January, with a 32 percent increase as compared to January 2014. Consumers across the country bought 0.39 million tonnes of petrol in January this year. According to industry sources, the price difference between petrol and compressed natural gas (CNG) dropped from 56 percent in January 2014 to 31 percent in January 2015. Global crude oil prices have fallen by 50 percent since June 2014, and to provide consistent relief to consumers, the Pakistan government has decreased the price of petrol by Rs 29 since the last four months and brought the price of Diesel down by Rs 23 in the same time frame.
Bin Noman Wed 11 Feb, 2015

A shortage of petrol – a basic commodity to which the price of many other commodities are linked – across Pakistan is adding further misery to the country's energy situation, long plagued by power and gas shortages.
Raess Fri 06 Feb, 2015

Minister for petroleum and Natural Resources Shahid Khaqan Abbasi on Tuesday stated that the shortage of fuel was resolved by short term fuel import policy. After moving the motion for discussing petroleum shortage in Pakistan, he said in his opening remarks that steps have been taken to avert recurrence of petrol shortage like situation in Pakistan. He said that the petrol crisis was caused by exceptional demand of the commodity in the month of January. However, this problem was overcome within six days with import of additional petrol in short term. We reopened CNG supplies and made arrangements for additional petrol supplies to overcome the problem at the earliest.
Affan Akasha Wed 04 Feb, 2015

Pakistan State Oil (PSO) general manager told the meeting that PSO was interested to build oil refinery with 40,000 barrel per day in Khyber Pakhtunkhwa. This project was estimated to cost $430million. But so far KP government has not responded. Even, provincial (KPK) government has not determined the place to build a refinery, PSO official added. Upon this, Chairman Senate body criticized PSO and said that It has become bankrupts and unable to build a refinery in KPK province.
Talha Nisar Wed 04 Feb, 2015

56.49 p/l Petrol price in india
Pinda Chahal Tue 03 Feb, 2015

Thak you Nawaz Sharif ap ne acha tail nikaala he awaam ka .Iike your behaviar . Salaam he ap ko....
Muhammad Wasim Mon 02 Feb, 2015

Petrol Kam Hony Say Transport K Rent Main Kami Nahi Howi, Government ko chahyeh tha k Green Bus / UTS Ka Agaz Kary ta k Bus Mafia to Khatam Ho, Ap Ne Agha Waqar ki bat bhi nahi mani Jo 1 Rupee Main Petrol ki tarha Kisi Bhi Engine ko Chala k Dekha Raha hai Kiya Naya Pakistan Kiya Banayga Jab Koi Talent he ki qadar nahi karta, Government ko Private Show's karni Chahyeh k talnet dekhao phir dekho ek ek pakistani kaise apne mulk k liye talent dekhaye ga k ap ko import karni he nahi pary gi bal k ap export he karo ge
Abdul WAHAB Mon 02 Feb, 2015

Humen buhat khushi hui k patrol sasta hua hai but un k sath mehngai aur transport rent saste nhi huwe hai, aur agar kal patrol 90 rs ho gaya to mehngai aur barh jaigi aur transport rent barh jaiga
Rustam Mon 02 Feb, 2015

Jis ko price kam hony pe takleef ho rahi hai uss k liye zardari ko dobara laye aain.Allah ka lakh lakh shukar hai k sans ka sakoon mila. Nawas sharif zindabad
Babar Mon 02 Feb, 2015

its very good news for Pakistani public thank you government that you gave us little relief if it can be more cheap price I think that will be so good any way now we all Pakistani are happy to act of government.
Imran Youhana Mon 02 Feb, 2015

Latest Petrol News : Federal Minister for Information, Broadcasting and National Heritage, Pervaiz Rashid on Sunday said that petroleum products prices in the country were cheapest in the region. The information minister said that the government had put the economy on right track during the past 17 months. The federal government had written to the provinces to reduce prices of essential commodities so that the people could benefit from the improved economy. For providing cheap electricity the prices of furnace oil had not been increased on the special instructions of Prime Minister Nawaz Sharif. Giving international comparison of oil prices, he said in Australia one litre of petrol was being sold at Rs91.2, Germany Rs144.2, France Rs145.27, United Kingdom Rs162.80, Turkey Rs172.40, Itlay Rs175, New Zeleand Rs177.30, India Rs103.39, Sri Lanka Rs97.91, Nepal Rs102.10 and in Pakistan petrol was available in abundance at Rs70.29 per litre.
Sikandar Roy Mon 02 Feb, 2015

          
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