• About
  • Team
  • Advertise
  • Terms
  • Privacy Policy
  • Contact
Wednesday, June 29, 2022
INCPak
  • World
  • National
    • Islamabad
    • Azad Kashmir
    • Balochistan
    • Khyber Pakhtunkhwa
    • Gilgit Baltistan
    • Sindh
    • Punjab
    • FATA
  • Automotive
  • Tech
    • Tech News
    • Custom Roms
    • Tips & Tricks
    • INCPak Roms
    • Reviews
    • Phone Reviews
    • Stock ROMs
    • What’s new?
    • Computer Stuff
  • Business
  • Education
  • Entertainment
  • Fun Time
    • Kids Corner
    • Poems
    • Stories
  • More
    • Health
    • Editorial
    • Information
    • Travel
    • Beauty
    • Food
    • Music
    • Movies
    • Sports
    • Documentaries
    • Personalities
    • History
    • Economy
    • Emergency Numbers
No Result
View All Result
  • World
  • National
    • Islamabad
    • Azad Kashmir
    • Balochistan
    • Khyber Pakhtunkhwa
    • Gilgit Baltistan
    • Sindh
    • Punjab
    • FATA
  • Automotive
  • Tech
    • Tech News
    • Custom Roms
    • Tips & Tricks
    • INCPak Roms
    • Reviews
    • Phone Reviews
    • Stock ROMs
    • What’s new?
    • Computer Stuff
  • Business
  • Education
  • Entertainment
  • Fun Time
    • Kids Corner
    • Poems
    • Stories
  • More
    • Health
    • Editorial
    • Information
    • Travel
    • Beauty
    • Food
    • Music
    • Movies
    • Sports
    • Documentaries
    • Personalities
    • History
    • Economy
    • Emergency Numbers
No Result
View All Result
INCPak
No Result
View All Result

Petrol Prices Expected to Increase as International Oil Prices Cross $100 a Barrel

by Ali Gulrez
Feb 24, 2022
in Islamabad, National
0

Petrol Prices in Pakistan are likely to rise as international oil prices cross $100 a barrel on Thursday Russia invaded Ukraine. The international oil prices hit $105 a barrel on Thursday, the highest since September 2014, sparking concerns that a war in Europe may cause a global oil crisis due to disruption in supply.

Petrol Prices in Pakistan, International Oil Prices, Oil Barrel, Brent Crude
Petrol Prices Expected to Increase as International Oil Prices Cross $100 a Barrel

Russia has launched a full-scale invasion of Ukraine and it is targeting cities with weapon strikes, Foreign Minister Dmytro Kuleba said in a Tweet. The Brent crude hit $105 a barrel for the first time since 2017 over fear of supply disruptions since Russia is the world’s second-largest oil producer, which mainly sells crude to European refineries, and is the largest supplier of natural gas to Europe, providing almost 35% of its supply.

Brent crude was up $8.15, or 8.4%, at $104.99 a barrel as of 1221 GMT, having touched a high of $105.79. U.S. West Texas Intermediate (WTI) crude jumped $7.33, or 8%, to $99.43. Brent and WTI hit their highest since August and July 2014 respectively.

Petrol Prices in Pakistan are expected to see the impact of the increase in the international oil prices at the start of March 2022 and if the conflict between Russia and Ukraine continues, these prices are expected to rise further as it would be out of the control of the Federal Government.

According to some sources, the Petrol Prices in Pakistan are expected to rise up to Rs. 225 per litre as international oil prices could jump to $125 a barrel, the highest in history. The hike in Petrol Prices will be out of the control of the Federal Government due to the Russia and Ukraine conflict.

Petrol Prices in Pakistan W.E.F 16 February 2022

PRODUCT
CURRENT PRICE (PKR)
NEW PRICE (PKR)
Change (PKR)
Petrol
147.83
159.86
12.03
High Speed Diesel (HSD)
144.62
154.15
9.53
Kerosene Oil
116.48
126.56
10.08
Light Diesel Oil (LDO)
114.54
123.97
9.43
Petrol Prices

It bears mentioning that Petrol Prices in Pakistan were increased by the Federal Government w.e.f 16 February 2022 due to rise in Brent crude rates. Petrol Price in Pakistan was increased by Rs. 12.03 per litre, while the Price of High-Speed Diesel (HSD) in Pakistan was raised by Rs. 9.53 per litre. Meanwhile, the Price of Kerosene Oil was increased by Rs. 10.08 per litre, while the Price of Light Diesel Oil (LDO) was raised by Rs. 9.43 per litre.

Read more: Dollar rate in Pakistan – Daily Updates.

Follow INCPAK on Facebook / Twitter / Instagram  for update.

Tags: Brent CrudeInternational Oil PricesOil Barrelpetrol pricespetrol prices in pakistan
ShareTweetSend

Related Posts

Petrol Prices in Pakistan, Petrol Price in Pakistan, Petroleum Prices
Islamabad

Petrol Prices in Pakistan Expected to Increase From July

Jun 28, 2022
Monsoon Rains, Weather Update
Islamabad

Weather Update: Monsoon Rains Expected From June 30

Jun 28, 2022
Peoples Bus Service, Peoples Bus Service Routes
National

Peoples Bus Service Karachi Routes & Fare

Jun 27, 2022
Shortage Medicines, Punjab, Shortage Drugs
National

Shortage of Life-Saving Medicines in Punjab Due to High Sales Tax

Jun 27, 2022
NEPRA, Power Tariff, Electricity Tariff
Islamabad

NEPRA Approves Massive Hike in Power Tariff

Jun 27, 2022
COVID-19, NCOC
Islamabad

NCOC Orders Mask Wearing Due to Increase in COVID-19 Cases

Jun 27, 2022
PTCL Group donates life jackets to fishermen community of Karachi
National

PTCL Group donates life jackets to fishermen community of Karachi

Jun 27, 2022
Imran Khan, PTI Power Show, Power Show, PTI Protest, Protest, Parade Ground, Power Show Islamabad, Power Show Parade Ground
Islamabad

Imran Khan Announces PTI Power Show at Islamabad’s Parade Ground

Jun 25, 2022
Islamabad Vehicle Vehicle Verification, Vehicle Smart Card, Islamabad Smart Card, Smart Card
Automotive

Islamabad Excise Launches QR Code to Verify Vehicle Smart Card

Jun 25, 2022
Load More
Next Post
Suzuki Swift 2022 Price in Pakistan, Suzuki Swift 2022 Price, New Suzuki Swift Price, Suzuki Swift 2022, Suzuki Swift

New Suzuki Swift 2022 Price in Pakistan Revealed

Peshawar Zalmi vs Islamabad United, Islamabad United vs Peshawar Zalmi, Islamabad United Peshawar Zalmi, PSL 7, PSL 2022, Highlights

PSL 7: Peshawar Zalmi vs Islamabad United - Match 32 Highlights [Eliminator 1]

Gold Rate in Pakistan, Gold Rate Pakistan, Gold Price in Pakistan, Gold Price Pakistan, Gold Rate in Pakistan Today, Gold Price in Pakistan Today, Gold Rate, Gold Price

Gold Rate in Pakistan Today - 25 February 2022

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

INCPak Discover YouTube Channel

INCPAK Discover

Latest

  • Petrol Prices in Pakistan Expected to Increase From July
  • Pakistan’s Current Account Deficit Rises to $1.4 Billion in May
  • SBP Launches Data Acquisition Portal to Report SME Financing Data
  • Punjab Rozgar Scheme 2022 – Apply Online [Complete Guide in Urdu]
  • Weather Update: Monsoon Rains Expected From June 30
  • USD to PKR – Dollar Rate in Pakistan – 28 June 2022
  • Gold Rate in Pakistan Today – 28 June 2022
  • Peoples Bus Service Karachi Routes & Fare
  • Pak Suzuki Is Not Relaunching Suzuki Mehran in Pakistan

Follow us on Twitter

INCPAK Twitter

Follow us on Instagram

Qries

USD to PKR Rates

Qries

INCPak Official logo

INCPak Official Logo

Trending

  • Petrol Prices in Pakistan
  • USD to PKR Rates
  • MTMIS – Online Vehicle Verification
  • Ehsaas Program
  • Punjab Rozgar Scheme
  • Naya Pakistan Housing Program
  • Mera Pakistan Mera Ghar Loan

Site Links

  • About
  • Team
  • Advertise
  • Terms
  • Privacy Policy
  • Contact
  • About
  • Team
  • Advertise
  • Terms
  • Privacy Policy
  • Contact

All rights reserved © 2022 INCPak - Independent News Coverage Pakistan - (Digital News Portal)

No Result
View All Result
  • World
  • National
    • Islamabad
    • Azad Kashmir
    • Balochistan
    • Khyber Pakhtunkhwa
    • Gilgit Baltistan
    • Sindh
    • Punjab
    • FATA
  • Automotive
  • Tech
    • Tech News
    • Custom Roms
    • Tips & Tricks
    • INCPak Roms
    • Reviews
    • Phone Reviews
    • Stock ROMs
    • What’s new?
    • Computer Stuff
  • Business
  • Education
  • Entertainment
  • Fun Time
    • Kids Corner
    • Poems
    • Stories
  • More
    • Health
    • Editorial
    • Information
    • Travel
    • Beauty
    • Food
    • Music
    • Movies
    • Sports
    • Documentaries
    • Personalities
    • History
    • Economy
    • Emergency Numbers

All rights reserved © 2022 INCPak - Independent News Coverage Pakistan - (Digital News Portal)