ISLAMABAD: The federal government has raised petrol prices by Rs 3.72 per litre, effective December 1, citing fluctuations in global oil prices. The price of High Speed Diesel (HSD) was also increased by Rs 3.29 per litre, while kerosene oil and light diesel oil (LDO) saw marginal declines of Rs 0.62 and Rs 0.48 per … Read more
The Oil and Gas Regulatory Authority has issued a notification announcing a slight increase in LPG prices for December 2024. The price of a domestic LPG cylinder has increased by ₹1,000. 1.32 while the price of commercial cylinder increased by Rs. 5.07 for December 2024. According to OGRA, the LPG production price has increased by … Read more
Islamabad: In a bid to promote accessibility and inclusivity, Pakistan Railways has announced a 50% discount on fares for persons with disabilities traveling on all express and passenger trains, except the Green Line. A Railway Ministry official confirmed that the concession is available on presentation of the CNIC card containing the disability logo. The discount … Read more
Singapore: Spot prices for liquefied natural gas in Asia rose this week to their highest level this year so far, tracking gains in European gas and amid cooler temperatures in both regions. Industry sources estimate that the average price of LNG for January delivery to Northeast Asia rose to $14.60 per million British thermal units. … Read more
Islamabad: The Oil and Gas Regulatory Authority (OGRA) has announced that prices of petroleum products, including petrol and high-speed diesel (HSD), will remain unchanged for the next two weeks. Earlier this week, it was estimated that prices of these major petroleum products may rise by Rs 4-5 per liter due to rising global oil prices … Read more
A gas station attendant holds a gasoline nozzle at a gasoline pump. – Reuters The price of HSD is expected to rise by more than Rs 10 per litre Oil industry insiders say the rise in demand for HSD is unexpected. Sources: Average daily sales of HSD jumped to 24 thousand litres KARACHI: The price … Read more
Islamabad: Oil prices in Pakistan have fallen by Rs47.54 per liter since May, Petroleum Minister Musaddiq Masood Malik informed the National Assembly on Thursday. Responding to various questions, the minister explained that “Pakistan buys fuel at global market prices, but we get some discounts on the insurance premium.” He explained: “Under the agreement, we buy … Read more
Federal Minister of Energy (Energy Department) Awais Leghari on Sunday said there is consensus between the government and independent power producers (IPPs) to reduce electricity prices, as financially challenged consumers struggle with unaffordable tariffs and little hope of immediate relief. Legari, along with sector officials and an economist, addressed the controversial issue of agreements with … Read more