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  Home > Finance > Petroleum Prices in Pakistan
 Petroleum Prices in Pakistan
11 Feb, 2016 Petrol Prices in Pakistan - Benchmark Arab Light Crude has dropped by 52.77 per cent to $26 per barrel now from $55 in January 2015, but the government reduced petrol and diesel prices by a meagre 3pc and 6pc, respectively, in the last one year. In January 2015, petrol and diesel prices stood at Rs78.3 and Rs86.23 per litre while currently the two fuels were selling at Rs76.2 and Rs80.79. The government instead of passing on the benefit of record low world oil prices to consumers has raised petroleum development levy (PDL) and general sales tax. Currently, consumers were paying around Rs24 and Rs27 per litre sales tax on petrol and diesel. Sherman Securities said oil prices had been on the decline due to global oversupply and sluggish demand, but domestic oil prices did not show any big drop as the government raised taxes to meet its budgetary targets. Currently the international market of oil prices are WTI Crude Oil US$31.20 per barrel change +0.72 and in percent +2.31% and 1 year forecast of Crude Oil by oil-price.net is US$35 per barrel, while Brent Crude Oil US$31.03 per barrel with change +0.72 and in percent +2.32% 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. 75.66 /Ltr
Premium   Rs. 71.25 /Ltr
High Speed Diesel     Rs. 75.79 /Ltr
Light Speed Diesel   Rs. 39.94 /Ltr
Kerosene Oil Rs. 43.25 /Ltr


11 Feb, 2016 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
Feb 01, 2016 Rs.75.66/Ltr Rs.71.25/Ltr Rs.75.79/Ltr Rs.39.94/Ltr Rs.43.25/Ltr
Jan 01, 2016 Rs.80.66/Ltr Rs.76.26/Ltr Rs.80.79/Ltr Rs.44.94/Ltr Rs.48.25/Ltr
Nov 02, 2015 Rs.79.79/Ltr Rs.76.26/Ltr Rs.83.79/Ltr Rs.53.59/Ltr Rs.57.11/Ltr
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
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Comments
Seems good enough but yet to be work more
HSD Mon 01 Feb, 2016

Oil and Gas Regulation Authority (OGRA) has issued a notification on Sunday of reduction in prices of petroleum products. New prices will be applicable from midnight, reported Dunya News. According to the notification, the price of petrol has been reduced by 5 rupees and its new price will be Rs. 71.25 per liter. New price of High speed diesel will be Rs. 75.79 per liter. Light diesel has also been reduced by 5 rupees with the new price of RS. 39.94 per liter. Kerosene oil has been reduced by 5 rupees also; its new price is Rs. 43.25 per liter. Price of High Octane has been reduced by 5 rupees with a new price of Rs. 75.66 per liter. The new prices will be applicable from Sunday midnight
Yasir Sun 31 Jan, 2016

According to a proposal forwarded to the finance ministry by the Oil and Gas Regulatory Authority (Ogra), prices of petrol could be cut by Rs7.56 per litre (9.9 per cent), bringing it down from the current level of Rs76.25 to Rs68.69. High-speed diesel, used mainly by the transportation industry and farmers, would see its prices cut by Rs11 per litre (13.6 per cent), from Rs80.79 per litre to just Rs69.79 per litre. Light diesel oil, an industrial fuel, would see its prices drop by Rs7.36 per litre (16.4 per cent) from Rs44.94 to Rs37.58 per litre. The prices of High-Octane Blended Component (HOBC), a fuel for luxury cars, would see its prices decline to Rs70.51 from Rs 80.66 per litre.
Saleem Fayyaz Fri 29 Jan, 2016

Petro losse price yes r no
Faisal Thu 21 Jan, 2016

Petrol price Rs.45 hona chaye
atlas gujrati Tue 22 Dec, 2015

Federal government has decided to keep the prices of petroleum products unchanged, reject the proposed summary of OGRA to slash the price by up to Rs5, said media reports on Monday. The Oil and Gas Regulatory Authority (OGRA) has forwarded a summary seeking decrease in the prices of petroleum products i.e. petrol price by Rs3.0 per litre, high speed diesel by Rs4.10, light diesel by Rs2.50, kerosene oil by Rs3.50 and high octane by Rs4.50 per liter. The final announcement about petroleum prices is yet to be made. Meanwhile observes say that prices of petroleum products should at least go down by Rs5 following the the sudden 8 dollar per barrel decline in the price of crud oil in international market.
Uzair Mon 07 Dec, 2015

10 % diesel/ petrol price increase
mara yar Sat 28 Nov, 2015

Tmasha bnaya hy pakistan k hakomrano ne. Awam ka gham nhy bs siraf apny pit ko joot sub koch krte hyn .
R khattak Fri 20 Nov, 2015

diesel price up 5% 1st Dec 2015 like every month 4 or 5 5 increase price, army built one Brigde cantt, like 1000 military man, 300 navy,, 300 airforce in Gawader allot each sepoy 5 marala plot if inservice or yet alive [ retire ] NCO 10 Marala retire or in service jco 15 marla 2nd Lt to Col. 1 kanal Brig to Lt General 2 kanal Res land 20 years installment like DHA City Karachi and every person [ servent ] if in duty or alive get plot 20 year install form Rs 100 in bank decut from their account, pay installment automatic from their account. 8 kanal t0 100 kanal plot for industry perpose,,, Omani [ masqat ] people will come in pakistan Gawadar get marriage with pakistan prety girl in the eyes of the Islam. relation with islami country and Economic. trade, oversease employment skil worker, labour and defence with OMAN.. thing about it
mara Yar Sat 14 Nov, 2015

Oil is unlikely to return to $80 a barrel before the end of the next decade, despite unprecedented declines in investment, as yearly demand growth struggles to top 1 million barrels per day, the International Energy Agency said on Tuesday. In its World Energy Outlook, the IEA said it anticipates demand growth under its central scenario will rise annually by some 900,000 barrels per day to 2020, gradually reaching demand of 103.5 million bpd by 2040. The drop in oil to around $50 a barrel this year LCOc1 has triggered steep cutbacks in production of U.S. shale oil, one of the major contributors to the oversupply that has stripped 50 percent off the price in the last 12 months. "Our expectation is to see prices gradually rising to $80 around 2020," Fatih Birol, the executive director of the IEA, told Reuters ahead of the release of the report. "We estimate this year investments in oil will decline more than 20 percent. But, perhaps even more importantly, this decline will continue next year as well."
Fajar Tue 10 Nov, 2015

Oil prices rebounded in Asia Tuesday, buoyed by bargain hunting ahead of the release of US government data that will gauge crude demand in the world´s biggest economy. Analysts expect the data to be released Wednesday by the US Energy Department to show that commercial crude stockpiles rose in the week to October 30 which typically means weaker demand in the world´s top oil consuming nation. Despite occasional rallies, oil remains generally bogged down by a global crude supply glut that has outpaced demand and depressed prices for more than a year. "Expectations of more US stockpiles restrained oil bulls," said Bernard Aw, market strategist at IG Markets in Singapore.
Rasheed Tue 03 Nov, 2015

While global oil prices remain relatively steady and the rupee depreciates against the dollar, petrol consumers are likely to face an increase of Rs5.28 per liter from November 1. Govt likely to raise petroleum prices In a summary moved to the petroleum and finance ministries on Thursday, the Oil and Gas Regulatory Authority (OGRA) suggested raising the price of petrol by Rs5.28 per liter, high speed diesel (HSD) by Rs3.34 per liter, high octane blending component (HOBC) by Rs5.73 per liter, kerosene oil by Rs3.89 per liter and light diesel oil (LDO) by Rs2.70 per liter.
Irshad Arif Sat 31 Oct, 2015

if gas/petrol/diesel price will stepdown , econemy will be stepup
mara yar Fri 30 Oct, 2015

The ‘taxing’ government of Pakistan has made up its mind to burn a hole in the pockets of motorists especially bikers from November 1, 2015, Samaa reported. “The Oil & Gas Regulatory Authority (OGRA) has proposed a backbreaking increase in the prices of various petroleum and oil products despite the fact the prices of crude oil have fallen worldwide,” sources told Samaa. Samaa has learnt that, petrol, the fuel of the masses, is likely to go dearer by Rs5.35/litre, diesel by Rs2.43/litre, light diesel by Rs3.63/litre, kerosene oil by Rs3.17/litre, and high octane blending component (HOBC) will most probably see a mighty jump of Rs6.10/litre. This hike, if officialized, would be due primarily to a hike in the general sales tax (GST), the government sources said adding Pakistani rupee’s depreciation against the US dollar would also be one of the reasons for it.
Saleem Nawaz Thu 29 Oct, 2015

Government is expected to ratchet up the prices of petroleum products by some notches with effect from November 1, sources told Geo News on Wednesday. According to sources, Oil and Gas Regulatory Authority (OGRA) is in the process of finalizing a summary in which it is going to propose a raise in the prices of all the petroleum products to coincide with the beginning of new month - November. It is expected that the prices of petrol will be hiked by Rs5.35 per ltir; High Speed Deisel by Rs2.43; High Octane Blending Component (HOBC) by Rs6.10 and; kerosene oil by Rs3.17 a litre.
Hammad Waseem Thu 29 Oct, 2015

OGRA responds to PTI's letter concerning petroleum prices. Oil and Gas Regulatory Authority (OGRA) has on Thursday responded to the letter of Pakistan Tehreek-e-Insaf (PTI) concerning petroleum prices. The letter says that government is charging around 18 to 34 rupees per liter on petroleum products, reported Dunya News. According to details, PTI had written to OGRA seeking details of the import prices of the petroleum products and the details of taxes on them. The letter by OGRA in response says that the government receives custom duty from the consumers. It says that the government receives Rs. 3.75 per liter of diesel and Rs. 0.89 per liter of petrol as custom duties. OGRA’s letter says that the import price of petrol is Rs. 39.94 per liter while the price in the market is Rs. 73.76 per liter. Similarly, diesel’s import price is Rs. 40.54 and government has set the price at Rs. 84.04 per liter. The letter also says that kerosene’s import price is Rs. 38.43 but government is charging the price at Rs. 57.14 per liter.
Saleem Dawood Wed 28 Oct, 2015

Oil Prices Higher Thanks to Weak Dollar. Oversupply worries continue to linger on the market. Crude-oil prices started the week in the black on Monday, supported by the weak U.S. dollar, but oversupply worries continued to linger on the market. Brent crude, the global oil benchmark, rose 0.5% to $48.22 a barrel on London’s ICE Futures exchange. On the New York Mercantile Exchange, West Texas Intermediate futures were trading up 0.6% at $44.88 a barrel.
Faraz Hamdani Mon 26 Oct, 2015

Govt charging Rs18-34 on POL products per litre : OGRA. Oil and Gas Regulatory Authority (OGRA) has responded to the letter of Pakistan Tehreek-e-Insaf (PTI) concerning petroleum prices. The letter says that government is charging around 18 to 34 rupees per liter on petroleum products. According to details, PTI had written to OGRA seeking details of the import prices of the petroleum products and the details of taxes on them. The letter by OGRA in response says that the government receives custom duty from the consumers. It says that the government receives Rs. 3.75 per liter of diesel and Rs. 0.89 per liter of petrol as custom duties. OGRA’s letter says that the import price of petrol is Rs 39.94 per liter while the price in the market is Rs. 73.76 per liter. Similarly, diesel’s import price is Rs. 40.54 and government has set the price at Rs. 84.04 per liter. The letter also says that kerosene’s import price is Rs. 38.43 but government is charging the price at Rs. 57.14 per liter.
Sultan Ghayas Mon 26 Oct, 2015

Oil up 5 percent; market eyes less U.S. output, Saudi-Russia talks. Crude prices jumped about 5 percent on Tuesday after No. 1 oil consumer the United States cut global output forecasts and Russia, Saudi Arabia and other big producers signaled joint action to support the market. Brent, the global benchmark for crude, was up $2.50, or 5 percent, at $51.75 a barrel by 11:28 a.m. EDT (1528 GMT). OPEC Secretary-General Abdullah al-Badri at a conference in London that OPEC and non-OPEC members should work together to reduce the global supply glut. Iran's crude oil sales were on track to hit 7-month lows as its main Asian customers bought less than before, countering expectations that Iranian oil supplies will surge once nuclear-related sanctions against Tehran are lifted.
Azeem Ahmed Wed 07 Oct, 2015

Saudi Aramco Cuts Crude Pricing to Asia, U.S. Amid Weak Demand. Saudi Arabia cut pricing for November oil sales to Asia and the U.S. as the world’s largest crude exporter seeks to keep its barrels competitive with rival suppliers amid sluggish demand. Saudi Arabian Oil Co. reduced its official selling price for Medium grade crude to Asia next month to a discount of $3.20 a barrel below the regional benchmark, compared with a $1.30 discount for October sales, the company said Sunday in an e-mailed statement. The discount for the Medium grade to Asia, the main market for Saudi crude, widened by the most since the state-owned company made a $2 a barrel cut in February 2012, according to data compiled by Bloomberg.
Ayyub Idress Mon 05 Oct, 2015

          
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