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  Home > Finance > Petroleum Prices in Pakistan
 Petroleum Prices in Pakistan
27 Mar, 2015 Petrol Prices in Pakistan Today- The international market of oil lifts up after lowest decline. The main cause of edges up due to U.S oil rig count. It is expected that the petroleum prices in Pakistan would little bit increase from the next month. Now the WTI Crude Oil US$50.34 and Brent Crude Oil US$60.22 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. 80.18 /Ltr
Premium   Rs. 70.29 /Ltr
High Speed Diesel     Rs. 80.61 /Ltr
Light Speed Diesel   Rs. 57.94 /Ltr
Kerosene Oil Rs. 61.44 /Ltr


27 Mar, 2015 Petrol & Diesel Prices in Pakistan - 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
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
May 01, 2014 Rs.131.26/Ltr Rs.107.97/Ltr Rs.109.34/Ltr Rs.94.13/Ltr Rs.98.07/Ltr
Apr 01, 2014 Rs.136.57/Ltr Rs.108.31/Ltr Rs.113.85/Ltr Rs.95.06/Ltr Rs.101.15/Ltr
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Comments
Now Brent Crude Oil $55.91 and WTI Crude Oil $44.66 per barrel are trading in the international oil market, it seems to have by the end of March, the petroleum prices might slightly be increased, i want to share some data please read. The Ministry of Petroleum and Natural Resources has projected record consumption of petrol and High Speed Diesel (HSD) during March 2015 with petrol consumption estimated at 0.5 million tons and HSD at 0.6 million ton due to sharp reduction in prices. According to petroleum ministry officials, following a significant reduction in prices of petrol and diesel, there had been record consumption of the fuel in January and February. Countrywide petrol sales are expected to remain high as the country has planned to import 390,000 tons of petrol in March against February''s import of 355,000 tons. In January 2015, the country imported 320,922 tons of petrol. Petrol sales in February jumped to 451,888 tons from around 400,000 tons in January 2015. Out of total imports of 355,000 tons in February, the share of Pakistan State Oil (PSO) was around 200,000 tons while the share of other oil marketing companies (OMCs) was 150,000 tons. From July 2014 to February 2015 petrol consumption remained at 2.92 million tons which is 17 percent higher against the preceding year. HSD consumption remained 4.63 million tons during the period under review which is six percent high, while furnace oil consumption remained 5.9 million tons which registered a decline of four percent over the preceding year. According to petroleum ministry data, following major reduction in petroleum products prices, at present per day sale of petrol has reached 15,000 tons against 12,000 tons in December 2014 and of High Speed Diesel (HSD) 25,000 tons against 20,000 tons. The Ministry of Petroleum and Natural Resources has advised all the Oil Marketing Companies (OMCs) to ensure minimum 5,000 litres stocks at the retail outlets, and the ministry in collaboration with district administration is monitoring the situation.
Minhas Shah Thu 19 Mar, 2015

Federal Minister for Finance Ishaq Dar on Friday has said that the petroleum products’ prices would sustain through the next month upon the directives of Prime Minister (PM) Nawaz Sharif. He said that upon the directives of PM Nawaz the people of the country would enjoy the reduced petroleum prices through March also. The Oil and Gas Regulatory Authority (OGRA) had appealed the government to increase the petrol price by at least Rs 5.59 and kerosene oil by Rs 7.32 while reduce diesel price by at least Rs 5.49. The sales tax over diesel is being increased from 27 percent to at least 36 percent whereas it is being reduced on petrol from 27 percent to at least 18 percent. He said that the government has reduced the petroleum products’ prices by at least Rs 30 to Rs 50. Dar said that Pakistan has achieved white position according to the international standards whereas at least three years earlier it was holding grey position. The Financial Task Force has declared Pakistan’s economy white, he added. He also said that Pakistan Muslim League-Nawaz (PML-N) does not hold a 2/3 majority in the Senate. He said that at least 68 votes are required for the Amendment.
Liaqat Soldier Wed 04 Mar, 2015

aslamalikum Nawaz sharif sir please pertol ki price matt bhara please 70 hi rahany daya.
ALI Sun 01 Mar, 2015

The Oil and Gas Regulatory Authority (Ogra) has sent a summary to the federal government, asking for a raise in the price of petroleum products by up to Rs12.62 per litre from March 1 in the wake of the additional imposition of General Sales Tax (GST). The regulator has recommended to the government to increase the prices of petroleum products by up to Rs12.62 per litre except the price of high speed diesel. The regulator asked the Ministry of Petroleum and Natural Resources to hike the price of petrol (motor gasoline) by Rs5.59 per litre, HOBC by Rs12.62 and kerosene oil by Rs7.32. Ogra has also suggested to the ministry to jack up the price of light diesel oil (LDO) by Rs5.50 per litre, asking for lowering the price of high speed diesel by Rs5.49 per litre. In case the government does not reduce the GST on petroleum products that stands at 27 percent, then the new price of petrol to be effective from March 1 will stand at Rs75.88 per litre, HOBC Rs92.93 and kerosene oil Rs68.76. The government increased the GST on petroleum products from 17 percent to 22 percent and then it further jacked the GST up to 27 percent, fearing a shortfall in tax revenue on petroleum products by Rs60 billion in the ongoing financial year. The Finance Ministry raised the GST by 10 percent to reduce the volume of huge loss in revenue because of a decrease in petroleum products prices. Likewise, the new price of light diesel oil (LDO) will surge to Rs63.44 per litre and the new price of high speed diesel will plunge to Rs75.12 per litre from Rs80.61 per litre. The official sources said that in case the government decides to reduce the GST, then the price of petroleum products will come down. They said the prime minister is going to approve tomorrow (February 28) the new prices of petroleum products to be effective from March 1, 2015.
Imtiaz Pasha Fri 27 Feb, 2015

The Oil and Gas Regulatory Authority (OGRA) on Thursday forwarded a summary report in which it has proposed the Finance Ministry to increase prices of petroleum products, thesenlive reported. According to details, OGRA had forwarded the proposed summary to the Finance Ministry, in which it has recommended the government to bring an increase of Rs.5.59 in petrol prices, Rs.12.62 in HOBC per litre and Rs.7.62 in kerosene. An increase of Rs.5 and Rs.5.49 has been recommended in both light speed diesel and high speed diesel respectively.The result of the proposition will come from Finance Ministry on February 28, after the approval of Prime Minister. The price hike may be seen from March 1, 2015. It is also expected that PM may not approve the raise in petroleum prices and may direct the authorities to maintain the prices for at least a month or so.
Usama Rizwan Fri 27 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.
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

          
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