Tag: Petroleum prices

Govt reduces petroleum products’ prices

ISLAMABAD, Nov 16 (APP): The government here on Wednesday reduced the petrol prices by Rs.2.04 per liter, bringing it down to Rs281.34 from Rs.283.38. “Government has decided to revise the prices of petroleum products for the fortnight starting 16 November 2023 as recommended by the Oil and Gas Regulatory Authority (OGRA),” said press statement issued… Continue reading Govt reduces petroleum products’ prices

Govt increases petrol prices by Rs.2.07 per liter

ISLAMABAD, Sep 01 (APP): The government on Wednesday revised the prices of petroleum products, increasing the rates of petrol by Rs.2.07 per liter with effective from September 1st 2022. According to press statement issued by finance ministry, Petrol would now be sold at Rs.235.98 per liter against its sale at Rs.233.91. Likewise, the prices of… Continue reading Govt increases petrol prices by Rs.2.07 per liter

Govt takes inevitable decision, raises petroleum prices to strike deal with IMF: Miftah

ISLAMABAD, Jun 02 (APP):Federal Minister for Finance and Revenue Miftah Ismail on Thursday announced increase in petroleum products in line with the agreement signed by the previous government with the International Monetary Fund (IMF). Addressing a press conference, the minister said it was an inevitable decision as the government was also bearing loss of around… Continue reading Govt takes inevitable decision, raises petroleum prices to strike deal with IMF: Miftah

Gov’t keeps petroleum prices unchanged

  ISLAMABAD, MAY 31 (APP): The government on Tuesday decided to keep the prices of petroleum products unchanged with an aim to provide relief to the consumers, despite revenue losses due to rising petroleum prices globally.   “With a view to provide maximum relief to the consumers, the Prime Minister of Pakistan has directed that… Continue reading Gov’t keeps petroleum prices unchanged

Govt has cut tax rate on petroleum to reduce consumers burden: Fawad

ISLAMABAD, Jul 17 (APP): Minister for Information and Broadcasting Chaudhry Fawad Hussain said on Saturday that for reducing  burden of increasing international petroleum prices, the government of Pakistan has been reducing tax rate on fuel. In a statement, the minister said that in January this year International Brent Crude Prices was $ 51 per barrel whereas… Continue reading Govt has cut tax rate on petroleum to reduce consumers burden: Fawad

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