Latest Price Hike News & Updates

Islamabad, May 9 (IANS) The Human Rights Council (HRC) of Pakistan on Saturday strongly condemned the recent increase in petroleum product prices in the country, calling it a “direct assault” on the public.The remarks came after the Pakistani government again increased the petrol prices by Pakistani Rs14.92 per litre and those of high-speed diesel (HSD) by Rs15 per litre on Friday.According to the Petroleum Division’s press release, the revised rates – Rs 414.78 per litre for petrol and …

Islamabad, April 9 (IANS) Prices of roti and chapati have increased in Pakistan’s Karachi as the country continues to experience a severe Liquified Petroleum Gas (LPG) crisis, further increasing financial burden on people who are already facing difficulty with inflation, local media reported on Thursday. Tandoor owners have hiked prices by Pakistani Rupees (PKR) five, citing higher production costs due to the rise in LPG price, which is widely used in the absence of natural gas, Pakistan’s leadi…

Phnom Penh, March 23 (IANS) Sokimex, one of Cambodia’s leading petroleum and Liquefied Petroleum Gas (LPG) importers, has announced that it will temporarily suspend the supply of LPG from April due to severe transportation disruptions caused by the ongoing conflict in the Middle East.In an official announcement released to the media on Sunday, the company said that due to the ongoing conflict and prolonged instability in the Middle East, global transportation of petroleum and LPG has been severe…

Jaipur, March 20 (IANS) Amid volatility in global crude oil markets and rising geopolitical tensions in the Gulf region, Oil Marketing Companies (OMCs) have increased the prices of premium petrol (branded fuel). In Rajasthan, the hike, ranging between Rs 2 and Rs 2.3 per litre, has been announced. However, there is some relief as prices of regular petrol remain unchanged for now.Sunit Bagai, convenor of the Rajasthan Petroleum Dealers Association, told IANS that the increase in premium petrol wi…