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Tag: Oil Marketing Companies

The federal government declared that the prices of petrol and diesel will not change until April 30, 2025, despite a recent decrease.
Latest
  • WEB DESK
  • Nov 26, 2024
Petroleum Ministry takes notice of fuel supply disruptions

Ministry of Petroleum has directed the Oil Marketing Companies (OMCs) to ensure smooth supply of petroleum products.

petroleum sales in Pakistan
Latest
  • WEB DESK
  • Sep 03, 2024
OMCs record 13.5 per cent drop in August sales

The sales of oil marketing companies (OMCs) in Pakistan dropped by 13.5 per cent in August 2024, totalling 1.22 million metric tons.

petroleum import bill drops
Latest
  • WEB DESK
  • Mar 02, 2024
OMCs grapple with 19% dip in petroleum sales

AHL reveals a significant downturn in the sales performance of oil marketing companies (OMCs) during the month of February 2024.

diesel sales in Pakistan
Latest
  • WEB DESK
  • Dec 15, 2023
Petrol price in Pakistan reduced by Rs14 per litre for the next two weeks

In a significant relief for the inflation-hit masses, the petrol price in Pakistan has been reduced by Rs14 per litre to Rs267.34 for the next two weeks. Conversely, the diesel price in Pakistan has experienced a reduction of Rs13.50 per litre, with the new price for diesel now standing at Rs276.21.

Latest petrol price in Pakistan on December 16
Latest
  • WEB DESK
  • Dec 15, 2023
What will be new petrol, diesel prices in Pakistan for next fortnight?

In a significant development, the per-litre price of petrol in Pakistan is poised to undergo a noteworthy reduction, with expectations suggesting a decrease of Rs13.10.

oil prices
Latest
  • Zafar Ali
  • Oct 15, 2023
Plan afoot to increase profit margin of oil companies, dealers

Sources said that a proposal has been put forth to introduce an additional 88 paisa per liter increase in profits of OMCs and dealers, starting from October 16

latest petrol price in Pakistan December
Latest
  • WEB DESK
  • Oct 06, 2023
Govt expected to hike petroleum levy to meet revenue targets

In pursuit of the revenue goals set by the International Monetary Fund (IMF), the government is expected to increase the Petroleum Development Levy (PDL) charge for high-speed diesel (HSD) to Rs60 per litre. This move aims to achieve a targeted revenue of Rs869 billion.

petrol sales decline Pakistan
Latest
  • Hum News
  • Oct 02, 2023
Petroleum sales in Pakistan decline by 34% due to high prices

In a stark contrast to the previous year, the oil marketing companies (OMCs) in Pakistan experienced a significant setback as their sales plummeted by 34 per cent year-on-year (YoY) in September 2023. The figures stood at 1.01 million tonnes (MTs) compared to a robust 1.52 MTs in September 2022.

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