Pakistan

Notification Issued for Change in Petroleum Product Prices

Petrol Price Increased by Rs 2.02, Diesel Reduced by Rs 3.59 Per Litre; New Prices Effective from 12 AM Tonight

Islamabad (Qudrat Daily): OGRA has announced a change in the prices of petroleum products. According to a notification issued by the Petroleum Division, the price of petrol has been increased by Rs 2.02 while the price of diesel has been reduced by Rs 3.59 per litre. The new price of petrol has been set at Rs 391.30 and the price of high-speed diesel at Rs 408.53.

The new prices will take effect from 12 AM tonight.

In international markets on Friday, crude oil prices recorded a decline while gold and precious metals recorded an increase. According to a US TV report, futures for US West Texas Intermediate (WTI) settled at $93.14 per barrel after a decrease of $1.47, while Brent North Sea crude settled at $105.57 per barrel after a decrease of $1.03. Gold and other precious metals showed an upward trend.

The spot gold price rose by $17.41 to $4,292.43 per ounce, while silver increased by $0.68 to $64.68 per ounce. Among agricultural commodities, corn settled at $518 per bushel after a decrease of $9.50, while wheat settled at $641.75 per bushel after a decrease of $15.25. Similarly, cotton recorded a decrease of $0.55 per unit, while live cattle recorded an increase of $1.25.

Similarly, gold and other precious metals showed an upward trend. The spot gold price rose by $17.41 to $4,292.43 per ounce, while silver increased by $0.68 to $64.68 per ounce. Among agricultural commodities, corn settled at $518 per bushel after a decrease of $9.50, while wheat settled at $641.75 per bushel after a decrease of $15.25. Similarly, cotton recorded a decrease of $0.55 per unit, while live cattle recorded an increase of $1.25.

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