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Petroleum prices: an analysis

From August 1, the GoP (government of Pakistan) has reduced gasoline’s price by Rs 3.05 to Rs 227.19/litre. However, diesel’s price been increased by Rs 8.95/litre with the new price…

Do not flirt with petroleum prices

The international oil prices are hovering their seven year high, and the current government in Pakistan is entering its last years of tenure. The correct, but politically tough decision, is…

Unjust Fixation Of Petroleum Prices

Unjust fixation of petroleum prices

On February 1, 2016, Pakistanis were expecting a reduction of at least Rs 15 per litre in petrol's price as Arab Light Crude Oil reached a new low in the…

Oil prices and efficient buying

The government has increased petroleum prices by Rs30 per litre. The increase is uniform against all products. There was much talk about some subsidy mechanism for the poor (motorcycles and…

Analysing petrol prices

The government recently reduced petrol prices by Rs3.05, bringing the new petrol price to Rs227.19 per litre, and increased diesel prices by Rs8.95 – the new price is Rs244.95 per…

Prices of POL products

New petroleum prices have been announced; there is no big increase in prices of Petrol and HSD. However, the International Monetary Fund (IMF) agreement requires a Rs 10 increase in…

Deregulating versus regulating oil prices

Energy plays a pivotal role in any nation’s economic development and there are many different sources of it, including natural gas, solar electricity, nuclear power, biomass and biofuels, wind energy,…

The rising oil prices

In Pakistan, petroleum prices were raised yet again to Rs248.74 per litre for petrol and Rs 276.54 for diesel. This is the fourth time petroleum prices have been raised in…