Aaj TV English News - Business & Economy https://english.aaj.tv/ Aaj TV English en-Us Copyright 2026 Tue, 07 Apr 2026 12:14:07 +0500 Tue, 07 Apr 2026 12:14:07 +0500 60 Petroleum prices to be slashed for next 15 days https://english.aaj.tv/news/330416114/petroleum-prices-to-be-slashed-for-next-15-days <p><strong>Petroleum prices in the country are expected to be reduced for the next 15 days, providing potential relief to consumers amid fluctuating global energy markets.</strong></p> <p>Sources told <em>Aaj News</em> that petrol price could drop by Rs3. per litre from May 16. The prices of diesel could decrease by Rs7 per liter.</p> <p>The Oil and Gas Regulatory Authority (Ogra) sets petroleum prices every fortnight. At the end of Apri, it <a href="https://english.aaj.tv/news/330414617/govt-reduces-petrol-hsd-prices-by-rs2-per-litre">announced</a> a reduction in the prices of petrol and high-speed diesel by Rs2 per litre.</p> <p>For April, petroleum products prices <a href="https://english.aaj.tv/news/330411935/major-shock-for-consumers-as-pakistan-announces-new-petroleum-prices">remained</a> unchanged <a href="https://english.aaj.tv/news/330410827/massive-cut-in-petroleum-prices-expected">despite expectations of a potential decrease.</a></p> <p><strong>Read more</strong></p> <blockquote class="blockquote-level-1"> <p><a href="https://english.aaj.tv/news/330416080/ogra-reduces-imported-lng-prices-for-may">OGRA reduces imported LNG prices for May</a></p> </blockquote> <blockquote class="blockquote-level-1"> <p><a href="https://english.aaj.tv/news/330414186/us-china-tariff-war-will-pakistan-see-decrease-in-solar-panel-prices">US-China tariff war: Will Pakistan see decrease in solar panel prices?</a></p> </blockquote> <blockquote class="blockquote-level-1"> <p>[<a href="https://english.aaj.tv/news/330410827/massive-cut-in-petroleum-prices-expected">Massive cut in petroleum prices expected</a></p> </blockquote> <p>In April, the International Monetary Fund (IMF) had <a href="https://english.aaj.tv/news/330411072/imf-recommends-increase-in-motor-spirit-high-speed-diesel-prices">recommended</a> an increase in motor spirit and high-speed diesel prices by Rs47 per litre under the standard 18% sales tax rate.</p> Petroleum prices in the country are expected to be reduced for the next 15 days, providing potential relief to consumers amid fluctuating global energy markets.

Sources told Aaj News that petrol price could drop by Rs3. per litre from May 16. The prices of diesel could decrease by Rs7 per liter.

The Oil and Gas Regulatory Authority (Ogra) sets petroleum prices every fortnight. At the end of Apri, it announced a reduction in the prices of petrol and high-speed diesel by Rs2 per litre.

For April, petroleum products prices remained unchanged despite expectations of a potential decrease.

Read more

OGRA reduces imported LNG prices for May

US-China tariff war: Will Pakistan see decrease in solar panel prices?

[Massive cut in petroleum prices expected

In April, the International Monetary Fund (IMF) had recommended an increase in motor spirit and high-speed diesel prices by Rs47 per litre under the standard 18% sales tax rate.

]]> Business & Economy https://english.aaj.tv/news/330416114 Wed, 14 May 2025 15:38:55 +0500 none@none.com (Yasir Nazar) A representational image. Photo via AFP