Petroleum prices expected to fall by Rs12 per litre
Ogra calls media reports of a Rs12 per litre fuel price cut speculative and states no formal pricing decision has been made ahead of December 16 review.
7 Articles
7 Articles
Ogra issues clarification on upcoming petroleum prices review
Regulator calls price cut reports speculative, not official working.Diesel, kerosene, LDO cuts remain unconfirmed ahead of Dec 16.Speculation grows, but formal fuel revision yet to be approved.The Oil and Gas Regulatory Authority has dismissed...
Petroleum prices likely to see up to Rs12 per litre dip
ISLAMABAD: The prices of all petroleum products are estimated to go down by up to Rs12 per litre on Monday for the next fortnight ending Dec 31 in view of variation in the international market. Based on existing tax rates, the informed sources said the ex-depot price of high speed diesel (HSD) has been estimated to drop by about Rs11.80 per litre (over 4pc) depending on final calculations, while petrol rate may be kept unchanged as the estimated…
Petroleum prices expected to fall by Rs12 per litre
Petroleum prices in Pakistan are expected to see a significant reduction of up to Rs12 per litre from December 16, according to official sources. The relevant departments have completed initial calculations, and the proposal is now awaiting formal approval. Under the proposed adjustments, petrol is expected to become cheaper by 36 paisas per litre, while high-speed diesel may see a substantial reduction of Rs11.85 per litre. Similarly, the price…
Petroleum prices expected to drop up to Rs11 per Litre in Pakistan
In a possible relief for consumers grappling with persistent inflation, petroleum prices are expected to witness a downward adjustment in the upcoming fortnightly review, official sources indicated on Saturday. Preliminary calculations suggest a marginal reduction of 36 paisas per litre in the price of petrol, while high-speed diesel (HSD) could see a substantial cut of up to Rs11.85 per litre. Kerosene oil is also projected to become cheaper by…
How much will petroleum prices drop from December 16?
In a much needed relief to masses, petroleum prices are expected to decline by as much as Rs12 per liter starting Monday for the upcoming pricing cycle ending December 31. According to local media reports, the ex-depot price of high-speed diesel (HSD) is projected to fall by around Rs11.80 per liter, representing a reduction of more than 4 percent. In contrast, petrol prices are likely to remain unchanged, as the anticipated decrease is estimate…
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