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Pakistan reduces petroleum prices

Last Hope

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Pakistan has brought down petroleum prices. The price of petrol has been reduced by Rs.3 per litre, diesel by Rs.2.01 and light speed diesel by Rs.1.13, media reports said.
The Oil and Gas Regulatory Authority Thursday announced reduction in the prices of petroleum products, reported the Associated Press of Pakistan.

There is, however, no change in the price of kerosene.

The new price of petrol is Rs.83.71 per litre while high speed diesel is now priced at Rs.92.10 per litre. Light diesel is for Rs.81.39 per litre.


Kerosene continues to cost Rs.84.65 per litre.

The move came on a day when neighbour India hiked petrol and diesel prices by 27 paise and 15 paise per litre respectively from Thursday midnight to to increase the commission of petrol pump dealers.

In the Indian capital Delhi, petrol will cost Rs.63.64 per litre from Friday, while diesel will be Rs.41.27 per litre. The government has increased dealers’ commission to Rs.1,499 per kilolitre of petrol and Rs.912 per kilolitre of diesel.

While Indian oil marketing companies had steeply hiked the price of petrol in May, the diesel price was raised last week by Rs.3 per litre.
 
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MashAllah!

Pakistan MUST keep up with this work. Positive news finally! :D
Here, enjoy yourselves:

800px-gulab_jamun.jpg
 
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Petrol is more costlier in india, i didnt know that before, india raises its prices by few paisas, while pakistani authorities raise them by a few rupees. And the price of crude oil fell by 5 rupees, while we decrease by only three rupees, why?
 
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Pakistan has brought down petroleum prices. The price of petrol has been reduced by Rs.3 per litre, diesel by Rs.2.01 and light speed diesel by Rs.1.13, media reports said.
The Oil and Gas Regulatory Authority Thursday announced reduction in the prices of petroleum products, reported the Associated Press of Pakistan.

There is, however, no change in the price of kerosene.

The new price of petrol is Rs.83.71 per litre while high speed diesel is now priced at Rs.92.10 per litre. Light diesel is for Rs.81.39 per litre.


Kerosene continues to cost Rs.84.65 per litre.

The move came on a day when neighbour India hiked petrol and diesel prices by 27 paise and 15 paise per litre respectively from Thursday midnight to to increase the commission of petrol pump dealers.

In the Indian capital Delhi, petrol will cost Rs.63.64 per litre from Friday, while diesel will be Rs.41.27 per litre. The government has increased dealers’ commission to Rs.1,499 per kilolitre of petrol and Rs.912 per kilolitre of diesel.

While Indian oil marketing companies had steeply hiked the price of petrol in May, the diesel price was raised last week by Rs.3 per litre.

:woot: Lucky you Haan !! And still you abuse your Govt.
 
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usual tactics to win some votes
 
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Its complicated issue, its human sentiments vs financial health of Govt. India chose the latter. I dont know whether to laugh or cry.
 
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Its complicated issue, its human sentiments vs financial health of Govt. India chose the latter. I dont know whether to laugh or cry.

Naah, its because the growing public anger against corruption in current UPA govt. The price hike was a message to warn us, if you try to cut off our sources of Income, we will cut your pockets too.
 
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I also think the reason why there is a hike in India is the greater share of petrol in automotive fuel..
has the same percentage been in Pakistan.. the prices of Petrol here would have been twofold that of India.
The baptism of cars to CNG has been the reason the price is still below 100Rs a litre.
 
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The comparison is absurd. The demand and supply dynamics of the two countries are totally different. Also the price of the crude oil doesn't reflect immediately in the local market. Indian government had learned a lesson hard way a couple of years back when state run oil companies were making losses due to constant prices.
 
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The comparison is absurd. The demand and supply dynamics of the two countries are totally different. Also the price of the crude oil doesn't reflect immediately in the local market. Indian government had learned a lesson hard way a couple of years back when state run oil companies were making losses due to constant prices.

That's the biggest myth of them all. Indian state run oil companies have NEVER been in loss.
 
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