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  Home > Finance > Petroleum Prices in Pakistan
 Petroleum Prices in Pakistan
04 Sep, 2015 Petrol Prices in Pakistan - Oil price are stand up in the international market. Its been observed that, oil prices are continuing to edge up after the market biggest one-day upward moment for close to seven years, a recovery that comes off the back of a sharp decline earlier last week. Currently the international market of oil prices have been steady on upside, now WTI Crude Oil US$49.20 per barrel change ▲+3.98 and in percent ▲+8.09% and 1 year forecast of Crude Oil by oil-price.net is US$56 per barrel, while Brent Crude Oil US$54.15 per barrel with change ▲+4.10 and in percent ▲+7.57% for global trade. 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. 79.79 /Ltr
Premium   Rs. 73.76 /Ltr
High Speed Diesel     Rs. 82.04 /Ltr
Light Speed Diesel   Rs. 53.59 /Ltr
Kerosene Oil Rs. 57.11 /Ltr


04 Sep, 2015 Petrol Price in Karachi - 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
Sep 01, 2015 Rs.79.79/Ltr Rs.73.76/Ltr Rs.82.04/Ltr Rs.53.59/Ltr Rs.57.11/Ltr
Aug 01, 2015 Rs.82.78/Ltr Rs.76.76/Ltr Rs.85.05/Ltr Rs.56.59/Ltr Rs.60.11/Ltr
Jul 01, 2015 Rs.83.8/Ltr Rs.77.79/Ltr Rs.87.11/Ltr Rs.61.51/Ltr Rs.64.94/Ltr
Jun 01, 2015 Rs.83.8/Ltr Rs.77.79/Ltr Rs.87.12/Ltr Rs.61.51/Ltr Rs.64.94/Ltr
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
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Comments
Residents, transporters and traders have welcomed further reduction in fuel prices announced by the government and termed it a direction toward prosperity.Talking to APP on Tuesday, they said that other petroleum goods prices would also decrease. Nabeela Aslam, a housewife, said three rupees cut in fuel items is a good signal. However, it would be complete and meaningful only when its impact was visible on essential commodities,she added. Jafar Nauman,an industrialist said, Pakistan Muslim League-Nawaz led government is looking committed to facilitate people in meaningful manner but the concern authorities should also help the government to implement new prices.Absar Aleem, Waseem dar, Tahir Naeem and some other businessmen said "The government has reduced petroleum prices keeping in view the inflation rate, while the sit-ins and protests are causing huge loss to the national economy,".They said the government is looking to pursue the agenda of providing relief to the people, and does not want to indulge in the `politics of accusations' being practiced by other parties. Usman Talha, Tanveer Butt, Shakeel Malik and other traders said that the country is moving towards economic stability due to the steps taken by the government, but the sit-ins had hindered the development process.
Nabeela Aslam Wed 02 Sep, 2015

A strike called by the Oil Tanker Owner's Association has caused a severe shortage of petrol in Karachi, Quetta and several parts of the country. The shortage comes as the government notified a decrease of Rs 3 per litre in the prices of petrol and diesel from Tuesday. Chairman Petroleum and CNG Association Shabir Sulemanji said earlier today that 30 percent of fuel stations in Karachi have run out of petrol and diesel due to the strike, expressing hope that situation would improve by Wednesday. But Geo News correspondent Ali Imran said that by now petrol was available on only about 20 to 25 percent pumping stations – those too most likely on the outskirts of Karachi. He said that there were also reports of fuel stations illegally selling petrol in black at exorbitant rates of up to Rs100 per litre. Read more: Prices of petrol, diesel slashed by Rs3 per litre Some parts of Sindh and Punjab have also begun to feel the effect of the shortage, with fears that the shortage may spiral out of control. The strike by the Oil Tanker Owner's Association, called to protest against sales tax imposed on transportation of oil, is being seen as the main reason for the shortage which is causing great difficulty for consumers. Experts and observers say the effects of the shortage are exacerbated by pumping stations not keeping enough stock and consumers waiting for prices to go down to refill their fuel tanks.
Saira Fareed Wed 02 Sep, 2015

Petrol Prices 1st September, 2015 - However, the government cut the price of petrol by Rs 3 per litre from Rs 76.76 to Rs 73.76 per litre, diesel's by Rs 3.01 from Rs 85.05 to Rs 82.04, HOBC's by Rs 3 per litre from Rs 82.79 per litre to Rs 79.79 per litre, kerosene oil's Rs 3 per litre from Rs 60.11 to Rs 57.11 and Light Diesel Oil (LDO's) Rs 3 per litre from Rs 56.59 to Rs 53.59 per litre.
Shumaila Shaukat Tue 01 Sep, 2015

Govt acha ni koya 7 rupay keh k 3 rupay Reduce kr rahy ho
Shoaib Mian Mon 31 Aug, 2015

Rs 6.15 cut in petrol price to be announced today. The Oil and Gas Regulatory Authority (OGRA) Sunday recommended cut in petroleum products’ prices by at least Rs 7.5 per litre starting from September 1. The department dispatched a summary regarding petroleum products’ prices to the PM. The summary recommends a price cut of at least Rs 6.15 in petrol prices from the start of September. Petrol’s current price is Rs 76.76 per litre. The recommended price cut will result in price Rs 70.61 per litre. High seed diesel price is recommended to be reduced by Rs 7.50 while light speed diesel s by Rs 6.50 per litre.
Sohail Shoaib Mon 31 Aug, 2015

Oil war between big countries and richest countries who have plenty of oil and oil reserves. Oil surges 10.3% to $42.56 a barrel; best day since March 2009. Oil rocketed more than 10 percent higher on Thursday, posting its biggest one-day rally in years, as recovering equity markets and news of diminished crude supplies set off a short-covering surge by bearish traders. Snapping back fiercely from a deep two-month slump that reached 6½ year lows this week, oil climbed as world stock markets rose on hopes Chinese government measures to stimulate the economy would pay off, while the dollar strengthened as risk aversion eased.
Omer Ahmed Fri 28 Aug, 2015

I read this paragraph today, I am interested to know Why Venezuela need an emergency meeting with OPEC? Oil prices soar over 10% on report Venezuela asked for emergency OPEC meeting. Oil futures soared Thursday, with U.S. prices jumping more than 10% on a report that Venezuela has asked the Organization of the Petroleum Exporting Countries to hold an emergency meeting. Venezuela has also asked OPEC to consider a coordination with non-OPEC Russia to discuss a strategy to stem the recent rout in oil prices, The Wall Street Journal reported, citing people familiar with the matter. Oct. crude CLZ5, +1.04% rose $3.96, or 10.3%, to settle at $42.56 a barrel on the New York Mercantile Exchange. The WSJ report came out in the minutes ahead of the Nymex settlement. Oil prices were already climbing on the heels of a stock-market rally and upbeat U.S. economic data.
Atif Sohail Fri 28 Aug, 2015

Ohhh, I hoped from beginning of August, in the September prices of petrol will be downed, but it crude oil raised now. Anyhow, Oil Prices Post Biggest Rise on Percentage Basis Since 2009. U.S. oil prices soared 10% on Thursday, as a rally in Chinese and U.S. stocks and better-than-expected U.S. economic data prompted a rush by traders to bail out of bearish bets that the market would fall. Traders and analysts at hedge funds, banks and brokerages said supply-and-demand conditions in the oil market remained weak and there appeared to be little fundamental justification for such a strong rally, or expectations of more price gains in the near future. Rather, they said, it appeared to be set off as investors with so-called short positions that profit from falling prices closed those bets out as the market turned against them.
Asif Fakhr Fri 28 Aug, 2015

International market brings relief for Pakistani nation. It will be good news for people of Pakistan as petroleum product prices are expected to decrease from September. Petroleum prices prices likely to go down up to six rupees per liter as rates were decreased in International market. According to Oil and Gas Regulatory Authority (OGRA), petrol prices are likely to cut by Rs 6.35/liter and price of high octane go down by Rs 8.10/liter. Sources revealed that Kerosene oil can be reduced by 3.90/liter, similarly speed diesel price will be reduced by 3.11/liter. What will be happened it will emerge on August 31.
Afreen Raheel Mon 24 Aug, 2015

Petroleum prices in Pakistan to go down by as much as Rs 6/ltr. Petroleum prices in Pakistan are likely to go down in wake of declining rates in international market. As the oil prices reached the lowest level in six years in global markets, a similar cut in petroleum oil and lubricants (POL) rates is expected in Pakistan. Sources within the Oil and Gas Regulatory Authority (Ogra) Wednesday said that petrol prices are likely to decrease by Rs 6.35/liter, while high octane to go down by Rs 8.10/liter. Similarly, the prices of high-speed diesel and kerosene oil can be reduced by Rs 3.90/liter and Rs 3.11/liter respectively. Rate of light-speed diesel is expected to reduce by Rs 3.57/liter. The finalized summary of reduction in prices will be forwarded to Ministry of Petroleum on August 27.
Uroosa Tayyab Mon 24 Aug, 2015

Oil price: seven-month low on shock stockpile surge. Benchmark US crude oil price hits a six-year low on the back of IEA report. A renewed oil price slump is showing no signs of letting up after a shock report revealed that a surge in crude oil reserve stockpiles has sent US prices spiralling to a six-year low. The international Brent crude benchmark is also at its lowest level since its January nadir.
Suhail Khan Fri 21 Aug, 2015

hello
Zahid hayyat Thu 20 Aug, 2015

Good
Talha Thu 20 Aug, 2015

Petrol prices are likely to be slashed between Rs 5-7 from September. Petrol prices will be reduced for Rs 6 and 15 paisas, high octane Rs 7, high speed diesel Rs 5 and 30 paisas and light diesel Rs 5. It is pertinent to mention here that oil prices slipped further in Asia on Tuesday, weighed down by a strengthening dollar as concerns about weakening demand in China added to expectations a global oversupply will last for years. US benchmark West Texas Intermediate for September delivery was down seven cents to $41.80 in late-morning trade. WTI has lost more than 30 percent in the past two months, bringing it to the lowest level since March 2009. Oil has led a slump in energy commodity prices in the past month “due to concerns about falling demand from China and robust global supply, especially in the US.”
Shakil Shah Thu 20 Aug, 2015

WTI Crude Oil Price Today Falls Alongside Chinese Yuan. The WTI crude oil price today (Tuesday) dropped toward a six-year low after China's unexpected decision to devalue its yuan currency. At 10:10 a.m., the WTI crude oil price was down 3.74% and trading at $43.28 a barrel. Today's losses erased yesterday's gains of 2.5%, which came on a respite in the U.S. dollar's rally. The U.S. benchmark has fallen 8.1% in August so far. The Brent crude oil price was slightly less volatile this morning. The international benchmark ticked down 2.82% to trade at $49.58 a barrel. Futures have dropped 6.2% this month. The steep fall in the WTI crude oil price today came after China devalued the yuan following weekend data that showed the country's exports tumbled 8.3% in July. This morning, China's central bank – the People's Bank of China (PBOC) – depressed its value by 1.9% to 6.23 yuan per dollar. That marks the lowest point since 2012 and the largest one-day fall since 1994, when China issued a massive devaluation after aligning its official and market rates. Although the nation touts the devaluation as a way to reform its struggling markets, it raises international concerns that China's government is panicking.
Shoaib Jokhio Thu 13 Aug, 2015

Better Times Ahead For Oil, If You Can Believe It. Things will get better because they can’t get worse. We’re at or near the bottom. Better times ahead. But you’d never know that based on oil prices or the news. WTI dropped more than 3 percent on August 11, hovering near prices not seen for more than six years, since the dark days of 2009. The commentary is universally bearish. Everyone from analysts to oil company CEOs are saying what you see is what you get for the foreseeable future. Comparisons to the great price collapse of 1986 and the 15-year nuclear winter that followed are again making headlines. It’s not awful; it’s worse. Numerous challenges exist. Every day there’s yet another reason why oil prices will never increase or economic conditions improve. Iran. China. Greece. Global inventories. OPEC overproduction. Rising North American rig counts. Carbon taxes. Corporate tax increases. Royalty reviews. No pipelines. The news is so depressing, more are saying this downturn is the worst ever, although there is significant evidence to the contrary.
Qadir Baksh Thu 13 Aug, 2015

Oil Prices Rise as Upbeat Demand Outlook Buoys Sentiment. Strong dollar keeping gains in check. A fuel price sign sits illuminated at night outside a gas station near Kazan, Russia, on Aug. 2, 2015. Earlier this week, U.S. crude fell to a six-year low, battered by China’s surprise currency devaluation and the persisting glut of oil.
Walsh Thu 13 Aug, 2015

According ro the prices of international market and in between Pakistan prices still are heavy and it's cheat with the people's of Pakistan .
Rehan Butt Wed 12 Aug, 2015

Oil price: Majors braced as $50 barrel looms. Latest slump follows week of painful results from exploration majors. A recent renewed decline in the price of oil is gathering pace, with international benchmark Brent crude hurtling towards the $50-a-barrel threshold it last breached in January at the nadir of its year-long slump. In London the price per barrel was hovering a little above $51 on Monday morning, after it shed close to 2.3 per cent following a similar fall in New York. It is now more than 25 per cent below the peak of its spring recovery in May and is firmly entrenched in bear market territory, with many predicting a continued slide.
Liaqat Esmaeel Tue 04 Aug, 2015

Brent Crude Falls Below $50 a Barrel - Record U.S. production has led to international competition to produce more, cut prices, fight for customers. The world’s benchmark oil price fell to less than $50 a barrel Monday for the first time in six months as a sluggish global economy and rampant oil boom keep crude markets falling.
Tahseen Suleman Tue 04 Aug, 2015

          
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