petroleum prices Archives

The Pakistan Petroleum Dealers Association (PPDA) has declared a nationwide strike starting July 5. This action is in protest against the newly implemented 0.5% advance tax on turnover, included in the federal budget for 2024-25. The PPDA claims that this tax will severely harm their businesses, which are already struggling due to high taxes and inflation. PPDA Chairman Abdul Sami Khan stated that the strike might extend beyond one day and advised dealers to keep their petrol pumps stocked until July 4. He also urged citizens to fill their vehicles before the strike begins. “We met with the finance minister, the chairman of the FBR, officials of the Petroleum Division, chairman of OGRA, and DG Oil, DG Explosive but the talks yielded no results, which is why we are striking. Doubl...

After a successive increase in petrol prices, current government has announced a reduction, which is breath for people suffering from inflation. Addressing media in Islamabad on Friday, “In his first press conference, newly appointed Finance Minister Ishaq Dar announced a huge shortfall of billions of rupees. A chart of new prices will come at midnight tonight, the newly appointed finance minister said in his press conference. “Petrol prices reduced by Rs 12.63 to Rs 224.80 per liter from Rs 237.43. Similarly the price of high-speed diesel reduced by Rs 12.13. Now it will be sold at Rs 235.30, down from the current Rs 247.43,” Finance Minister said. New price of kerosene will be Rs 191.83 after a reduction of Rs 10.19. And the price of light diesel oil will be ...

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No Petrol Be Available from July 5 : Pakistan Petroleum Dealers

Petrol prices decreased by 12.63 rupees