There is a possibility of an increase in the prices of petroleum products in the country from December 16. The price of US crude oil has increased by 63 cents and that of British Brent by 73 cents in the global market. As a result, US crude oil is being traded at $68.05 per barrel […]
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Islamabad: The government has announced that the prices of petroleum products will remain unchanged for the next 15 days. According to a notification issued by the Ministry of Finance, the per-liter price of petrol will remain at PKR 248.38, while high-speed diesel (HSD) will continue to be sold at PKR 255.14 per liter. Earlier, there […]
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Islamabad — The country is bracing for another increase in fuel prices, as petroleum products are anticipated to see a rise on November 16, marking the second consecutive hike. According to sources, the prices of petrol and high-speed diesel (HSD) could increase by approximately PKR 4-5 per liter. This potential rise is attributed to a […]
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Islamabad: Pakistan’s power sector has witnessed a significant decline in petroleum consumption, with a reduction of over 600% in the last two fiscal years. In FY 2021-22, the sector consumed 3.68 million metric tons of petroleum, but this figure dropped to only 607,000 metric tons in FY 2023-24. The trend extended to the national consumption […]
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