Increase will be adjusted to expected relief due to decline in global oil prices from May 16
Islamabad: The Economic Coordination Committee (ECC) has approved an increase in the prices of petroleum products.
According to media reports, the Economic Coordination Committee has approved an increase of Rs4.12 per liter in the price of petrol and high-speed diesel to cover the losses of refineries, oil marketing companies, and dealers.
According to the report, this increase will be adjusted to the expected relief due to the decline in oil prices in the global market from May 16. The government may issue a notification today.
Yesterday, the Economic Coordination Committee decided in principle in its meeting that a partial discount of Rs4.12 per liter out of the expected reduction in the prices of petroleum products from May 16 will be transferred to refineries, oil marketing companies, and dealers.
Graveyard raid in India uncovers hidden cooking gas canisters amid shortage
- 5 گھنٹے قبل
Putin, Saudi prince seek more efforts to end Mideast war
- 3 گھنٹے قبل
5th death anniversary of folk singer Shaukat Ali being observed today
- 7 گھنٹے قبل
China calls for ‘immediate’ halt to hostilities after Trump says will continue hitting Iran
- 7 گھنٹے قبل
Iran, US express confidence in Pakistan for talks: FO
- 6 گھنٹے قبل
Rank the 50 best Apple products
- 10 گھنٹے قبل
PSX plunge 3,500 points as Trump speech sinks hopes for quick end to war
- 5 گھنٹے قبل
Seven dead, several injured as rain, flood lash parts of Balochistan
- 7 گھنٹے قبل
Asim Khan reaches World Squash Qualifiers semifinals
- 3 گھنٹے قبل
Gold prices plummet in Pakistan, global markets
- 7 گھنٹے قبل
Security forces neutralise eight Khwarij of Indian proxy in North Waziristan: ISPR
- 7 گھنٹے قبل
America is going back to the moon
- 17 گھنٹے قبل
