#Pakistan Kerosene Price

[pakscimission]

Pakistan increases the price of petrol, diesel and LPG with inflation on the rise

The finance ministry announced new rates as part of the fortnightly adjustment, raising the price of petrol by Rs 3.72 per litre and high-speed diesel by Rs 3.29 per litre. Following the hike, the new prices for petrol and HSD are Rs 252.10 and Rs 258.38, respectively. Additionally, the prices of light diesel oil and kerosene oil were reduced by 48 and 62 paise per litre, respectively. Since…

[shahananasrin-blog]

[ad_1] The interim government has increased the price of petrol in Pakistan by Rs14.91 per litre, marking it as the highest one ever achieved in the country’s history. The new price of petrol will be Rs305.36 per litre after increment. Similarly, the price of high speed diesel has been increased by Rs18.44 after which its price will be Rs311.84. The rates of light speed diesel and kerosene oil remain unchanged. These rates will be revised on September 15. Notably, several fuel stations across the country were shut down a couple of hours before anticipated hike. The surge in fuel prices has compounded the misery of people already struggling with runaway inflation. It would mean higher transportation costs, increased inflation, reduced economic activity and impact on the poor and vulnerable. [ad_2]

[worldspotlightnews]

Has govt increased petrol price in Pakistan?

A man fills the fuel tank of a car. — AFP/File Following a reduction in international crude oil prices, a viral notification — allegedly issued by the Finance Division — saying that petrol prices had increased was declared to be “fake”, the Ministry of Information and Broadcast (MOIB) said. The notification stated the costs of petrol, high-speed diesel (HSD), kerosene (SKO) and light diesel oil…

[theechudar]

Pakistan economic crisis: Petrol, diesel price hiked by up to PKR35 as currency value plummets

NEW DELHI: As Pakistan inches closer to an economic collapse, the Shehbaz Sharif government on Sunday added to the burden of its inflation-stricken citizens when it hiked petrol and diesel prices by PKR 35 a litre. “We have decided to increase the price of petrol and diesel by Rs 35. The price of kerosene oil and light diesel oil has been increased by Rs18,” said finance minister Ishaq Dar.…

[gamegill]

No change in fuel prices, says Dar - Pakistan

No change in fuel prices, says Dar – Pakistan

Finance Minister Ishaq Dar on Sunday announced that fuel prices would remain the same for the next fortnight which ends on January 31. “We are not changing the prices. The price of petrol will remain at Rs214.80, diesel will remain at Rs227.80, price of kerosene oil to remain at Rs171.83 while light diesel oil will remain at Rs169,” he said during a televised address. Earlier this month, the…

[rudrjobdesk]

पेट्रोल, सुपर टैक्स, बिजली कटौती... यूं महंगाई की मार झेल रही पाकिस्तान की आवाम

पेट्रोल, सुपर टैक्स, बिजली कटौती… यूं महंगाई की मार झेल रही पाकिस्तान की आवाम

Image Source : AP FILE Motorcyclists and vehicles stand in long queue for fuel in Islamabad, Pakistan. Highlights पाकिस्तान में पेट्रोल की कीमत 234 रुपये प्रति लीटर हो चुकी है। कराची में 10 बजे के बाद बाजार आदि बंद करने का आदेश जारी किया गया है। पाकिस्तान में अब बड़े उद्योगों पर 10 प्रतिशत की दर से ‘सुपर टैक्स’ लगेगा। Pakistan News: पाकिस्तान में सरकार भले ही बदल गई हो लेकिन वहां के आवाम की…

[whatsonmedia]

After Sri Lanka- Bangladesh Protests over Fuel Hike!

After Sri Lanka's devastating crisis, thousands of protesters took street in several cities in Bangladesh after government hiked the prices of fuel by nearly 52%. This hike in fuel is the highest recorded after Bangladesh got its independence. The government has blamed the ongoing Russia-Ukraine war for this unexceptional hike in fuel price. Angry protesters have besieged fuel station across the South Asian nation and demanded a rollback of the unprecedented rise in fuel. Lets look what has happened. Reason for Fuel Hike According to a Reuters report, petrol prices have increased by 51.2% to 130 taka a litre, as of Saturday. While the 95-octance gasoline by 51.7% to 135 taka, and diesel and kerosene by 42.5%. Nation's power energy and mineral resources prices has also sky-rocketed. Bangladesh's inflation rate has increased above 6% and hit 7.48% in July. This burnt have been faced mainly by the lower stratum of the society and also by the middle-class families to day-to-day expenses. Rice in fuel means Rise in other commodities The growing inflation is bound to increase the prices of kitchen essentials such as pulses, oil, salt, rice as well as clothing and other necessary commodities. This will burn the pockets of poor people to meet their daily needs and also middle-class family will feel the heat of inflation as essential commodity price rises. https://twitter.com/bd_public/status/1557012230608416768 Bangladesh people protest against fuel price Government's Measure to deal with the Situation The government has taken a series of measures to contain the situation, including placing curbs on luxury goods imports and on fuel imports which includes LNG and shutting down of diesel-run power plants as it restored to recurring power outages. "The new prices will not seem tolerable to everyone. But we had no other choice. People have to be patient", Nasrul Hamid , state minister for power, energy and mineral resources told reporters. Bangladesh is currently reeling under economic uncertainty, and on July 24 had formally requested a $4.5 million loan from the International Monetary Fund (IMF) to combat its ongoing financial crisis. The country's foreign exchange are continuously draining, due to steep inflation caused by the Russia-Ukraine war. The reason for this hike given by government is "price adjustment", something that was "forced to do" because fuel prices rose internationally much higher than in Bangladesh. However the actual reason being to fulfill the key condition of the IMF loan. The situation is indicating situation like Sri Lanka and Pakistan, where economic crisis is sky-rocketing and commoners are suffering due to government's misgovernance. https://twitter.com/shahinu_r/status/1555842351238881280 angry people march against fuel price increase Read the full article

[theeurasianpost]

Govt slashes price of petrol by Rs 3.05 per litre, hikes diesel by Rs8.95 - Pakistan

Govt slashes price of petrol by Rs 3.05 per litre, hikes diesel by Rs8.95 – Pakistan

Finance Minister Miftah Ismail on Sunday announced a reduction in the price of petrol by Rs 3.05 per litre and a hike of Rs8.95 in the price of diesel. “The government is able to decrease the price of petrol by Rs 3.05 per litre,” he tweeted. “The price of diesel has however gone up by Rs 8.95.” He said that the new prices will be effective from midnight tonight. The price of Kerosene was…

[bharatlivenewsmedia]

Pakistan hikes prices of petroleum products by Rs 30 per litre

Pakistan hikes prices of petroleum products by Rs 30 per litre

Pakistan hikes prices of petroleum products by Rs 30 per litre The Pakistan government Thursday announced to increase the prices of petroleum products by Rs 30 per litre, with the hike set to go into effect at midnight. After the increase, the price of petrol will be at Rs 179.85, diesel at Rs 174.15, kerosene at Rs 155.95 and light diesel at Rs 148.41. Finance Minister Miftah Ismail made the…

[fastworldnews1]

‘Utterly shameful’: Opposition leaders lash out at govt over petrol price hike

Major political leaders and common Pakistanis were up in arms after the government announced a massive increase in the prices of petroleum products Saturday.

According to a notification issued by the Ministry of Finance today, the price of petrol has been increased by Rs10.49 per litre, High-Speed Diesel by Rs12.44 rupees, Kerosene Oil by Rs10.95 rupees and Light Diesel Oil by Rs8.84 per litre.

The notification further said that in the current scenario, the government has absorbed the pressure and provided maximum relief to consumers by keeping the Petroleum Levy and Sales Tax to a minimum.

Soon after the announcement, top political leaders and Opposition parties condemned the government's move and demanded Prime Minister Imran Khan's resignation.

'PM should resign'

PML-N President Shahbaz Sharif termed the increase as “utterly shameful” and said that the latest hike, along with the petrol bomb, will push people to the brink of starvation.

“No words to describe the extreme cruelty this selected PTI regime has inflicted on people in the form of yet another increase in prices of items of daily use,” the PML-N president said.

Shahbaz Sharif said PM Imran Khan has no right to remain in office and demanded his resignation.

“PM Imran’s resignation could provide some relief to the nation,” the PML-N leader said, adding that “mini budgets” are proof of the incumbent government's economic failures.

‘Tsunami of inflation’

In a statement, PPP Chairman Bilawal Bhutto said the PTI government has brought a “tsunami of inflation” in the country, reacting to the hike in petrol price.

“The government is actually charging people for its incompetence. During the PPP era, the burden of rising petroleum prices and products in the world market was never shifted to the masses, he said.

“Only PPP’s people-friendly government can save the country from the tsunami of inflation.”

Bilawal Bhutto said increasing the price of petrol a day after the hike in power tariff proves Imran Khan is an anti-people prime minister.

He asked the people to support the PPP to get rid of the government which is pushing Pakistan into the mire of inflation.

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[raotahirislam]

Petrol Price in Pakistan reduced by Rs1.50/litre

Petrol Price in Pakistan reduced by Rs1.50/litre

Pakistan Reduced Petrol and Diesel price by Rs1.50/litre to Rs118.30 per litre and Rs115.03 per litre respectively. The Finance Division on Tuesday has reduced the prices of petroleum products for the next 15 days. According to the notification issued by the Finance Ministry, the ferdral government has reduced the prices of petrol, high speed diesel and kerosene by Rs 1.5 per litre. “Despite…

[net4news]

Imran Khan not concerned over people's issues, hiked prices of life-saving medicines: Pak opposition

ISLAMABAD: Pakistan's opposition party Pakistan Muslim League Nawaz lambasted Prime Minister Imran Khan for implementing anti-people policies and said that the government has increased prices of life-saving medicines by an average of 50 per cent for the 12th time. Spokesperson of Pakistan Muslim League Nawaz (PML-N) Marriyum Aurangzeb on Monday said the prime minister has no concern about inflation, joblessness, tariff hike of utilities and increased prices of medicines, The News International reported. "Imran Khan increased the prices of life-saving medicines, and now he would say that he had waged jihad. He should be ashamed of his acts, she added. Imran Khan increased prices of medicines by an average of 50 per cent for the 12th time: new prices of new Pakistan for 12th time," she said in a statement cited by The News International on Tuesday. She further said that during the past three years, Imran Khan increased prices of medicines by 500 per cent, but he felt no shame no guilt. She said Imran Khan gave NRO to the minister, who was caught red handed in drug theft and provided full protection to the thief, according to the Pakistani outlet. On July 15, the government had increased the price of petrol by Rs 5.40 per litre and that of diesel by Rs 2.54 per litre. The prices of kerosene and LDO were also raised by Rs 1.39 and Rs 1.27, respectively as reported by The Express Tribune. Apart from petrol, the price of food items including sugar, wheat flour has also been increased in Pakistan. The World Bank (WB) has estimated that poverty in Pakistan has increased from 4.4 per cent to 5.4 per cent in 2020, as over two million people have fallen below the poverty line. Using the lower-middle-income poverty rate, the World Bank estimated that the poverty ratio in Pakistan stood at 39.3 per cent in 2020-21 and is projected to remain at 39.2 per cent in 2021-22 and might come down to 37.9 per cent by 2022-23, reported The News International. Source link Read the full article

[rudrjobdesk]

Petrol price increases by Rs 24 per litre in Pakistan, hits record high at Rs 233.89

Petrol price increases by Rs 24 per litre in Pakistan, hits record high at Rs 233.89

Finance Minister of Pakistan, Miftah Ismail, announced that from June 16, the price of petrol will be increased by Rs 24 per litre and will be sold at Rs 233.89. From June 16, the petrol will be sold at Rs 233.89 per litre and diesel at Rs 263.31, kerosene oil will be sold for Rs 211.43, and the price of light diesel oil will be Rs 207.47 in Pakistan. (Representative image) The government is…

[govtjobspk4u]

Pakistan petrol price increased to Rs119.8 per litre

Pakistan petrol price increased to Rs119.8 per litre

Pakistan has increased the price of petrol by Rs1.71 and it now costs Rs119.8 per litre. It will be implemented from August 1, Sunday. The previous price was Rs118.09 per litre. There has been no change in the price of high-speed diesel and light diesel oil and they still cost Rs116.53 and Rs84.67 per litre, respectively. Kerosene price has been increased by Rs0.35, taking it to Rs87.49 per…

[theeurasianpost]

Govt raises prices of petroleum products by Rs30 per litre - Pakistan

Govt raises prices of petroleum products by Rs30 per litre – Pakistan

Finance Minister Miftah Ismail on Thursday announced that the federal government has decided to raise the prices of petroleum products by Rs30 per litre, with the hike set to go into effect at midnight tonight. After the hike, the price of petrol will be at Rs179.86, diesel at Rs174.15, kerosene oil at Rs155.56 and light diesel at Rs148.31. The finance minister made the announcement at a press…