Islamabad 51
  • Home
  • Latest
  • City
  • National
  • International
  • Education
  • Sports
  • Tech
  • Showbiz
  • Privacy Policy
  • Contact Us
  • About Us
No Result
View All Result
  • Home
  • Latest
  • City
  • National
  • International
  • Education
  • Sports
  • Tech
  • Showbiz
  • Privacy Policy
  • Contact Us
  • About Us
No Result
View All Result
Islamabad 51
No Result
View All Result
Home National

Fueling Relief: Government Slashes Petrol Price by Rs8, Diesel by Rs11 per Litre

Editor Isb by Editor Isb
May 14, 2025
in National, Latest
0
petrol diesel pump
Share on FacebookShare on Twitter

ISLAMABAD: The caretaker government reduced the price of petrol by Rs8 per litre and that of high-speed diesel by Rs11 per litre for the next two weeks.

As per an official notification from the Ministry of Finance, the revised prices are now Rs323.38 per litre for petrol and Rs318.18 per litre for high-speed diesel.

This adjustment in prices is attributed to fluctuations in international petroleum product prices and the strengthening of the exchange rate.

More Insights: Explore Related Stories

Pakistan beat West Indies by 14 runs in first T20I

US cuts Pakistan’s tariffs to 19 percent while India faces 25

New fuel prices announced: petrol gets cheaper, diesel price slightly increased

Islamabad to go digital with CDA’s cashless initiative

Previously, it was anticipated that for the first half of October (Oct 1-15), prices for high-speed diesel and petrol would witness a reduction of approximately Rs15-19 per litre, primarily due to the appreciation of the Pakistani rupee.

The Pakistani rupee displayed a positive trend throughout the preceding week, registering a 1.4% improvement against the US dollar in the interbank market, making it one of the best-performing currencies this month.

Caretaker Commerce and Industries Minister Gohar Ejaz expressed optimism last week about positive developments in petrol prices expected on October 1.

The last adjustment in the prices of these essential fuels occurred in mid-July when petrol decreased by Rs9 per litre to reach Rs253, and diesel saw a reduction of Rs7 per litre, settling at Rs253.50.

Between August 15 and September 15, the prices of petrol and high-speed diesel had surged by Rs58.43 and Rs55.83 per litre, respectively.

Currently, all petroleum products are subject to a zero Goods and Services Tax (GST), but the government imposes a petroleum development levy of Rs60 per litre on petrol and Rs50 per litre on both high-speed diesel and high-octane blending component with a Research Octane Number (RON) of 95. Additionally, there is approximately Rs22-23 per litre customs duty levied on petrol and high-speed diesel.

(Islamabad51_Newsdesk)

Previous Post

Interior Minister Says RAW Involved in Recent Balochistan Terror Attacks

Next Post

CDA Board Approves Proposal to Make Rainwater Harvesting Mandatory

Editor Isb

Editor Isb

Related Posts

Cricket Pakistan

Pakistan beat West Indies by 14 runs in first T20I

by News Admin
August 1, 2025
0

Lauderhill, Florida : Pakistan started their T20 series against West Indies with a 14-run win in the first match played...

donald trump

US cuts Pakistan’s tariffs to 19 percent while India faces 25

by News Admin
August 1, 2025
0

ISLAMABAD/WASHINGTON: The United States has launched its new global trade tariff regime, and Pakistan has emerged as one of the...

petrol filling

New fuel prices announced: petrol gets cheaper, diesel price slightly increased

by News Admin
August 1, 2025
0

ISLAMABAD: The federal government has revised petroleum prices for the next fortnight, reducing petrol prices while increasing the cost of...

Next Post
cda rain

CDA Board Approves Proposal to Make Rainwater Harvesting Mandatory

PCB Writes to ICC Regarding Visa Issues for Pakistani Fans at World Cup 2023

PCB Writes to ICC Regarding Visa Issues for Pakistani Fans at World Cup 2023

Four Personnel Martyred in Assault on Security Check Post in Balochistan’s Shirani District

Two Terrorists Killed, One Policeman Martyred at Mianwali Patrolling Post

Actress Mahira Khan Ties Knot with Long-Time Friend Salim Karim

Actress Mahira Khan Ties Knot with Long-Time Friend Salim Karim

Follow Us

Recommended

Sarfraz Bugti

Balochistan govt to launch social media policy soon for misinformation control

3 months ago
vegetable rates islamabad

January 8, 2025: Official Price List for Vegetables, Fruits, Chicken, and Eggs Released in Islamabad

7 months ago
Ride App Careem

Careem introduces ‘Later Booking’ feature for advance ride scheduling in Pakistan

11 months ago
Punjab Restructures Education System: Consolidating Nine Boards into One

Punjab Restructures Education System: Consolidating Nine Boards into One

1 year ago

Categories

  • City
  • Education
  • International
  • Latest
  • National
  • Showbiz
  • Sports
  • Tech
  • Uncategorized

Pages

  • About Us
  • Contact Us
  • Disclaimer
  • Home 1
  • Privacy Policy
  • Terms of Service

Follow us on Google News for Latest Updates

Recent News

  • Pakistan beat West Indies by 14 runs in first T20I
  • US cuts Pakistan’s tariffs to 19 percent while India faces 25
  • New fuel prices announced: petrol gets cheaper, diesel price slightly increased

Category

  • City
  • Education
  • International
  • Latest
  • National
  • Showbiz
  • Sports
  • Tech
  • Uncategorized
No Result
View All Result
  • Home
  • Latest
  • City
  • National
  • International
  • Education
  • Sports
  • Tech
  • Showbiz
  • Privacy Policy
  • Contact Us
  • About Us

© 2023 Islamabad51