Fuel prices

NAIROBI, Kenya, Jan 14 -- Fuel prices will remain unchanged in the month-long period lapsing on February 14 affording Kenyans a slight relief amid high ...

194 of 2020. Further, the landing cost of kerosene decreased by 4.07 per cent from USD851.31 per cubic metre to USD816.62. The average landed cost of imported Super Petrol decreased by 6.19 per cent from USD704.21 per cubic metre in November 2022 to USD660.65 in December 2022. In Mombasa, a litre of petrol will retail at Sh174.98, diesel at Sh159.76 and kerosene at Sh143.69 while in Kisumu a litre of petrol will retail at Sh177.50, diesel at Sh162.70 and kerosene at Sh146.66. The energy regulator maintained the fuel prices despite a slight decrease in the landing cost of the commodities. A litre of kerosene will continue to retail at Sh145.94 with the government maintaining a Sh25.13 subsidy per litre to cushion consumers from the otherwise high prices.

Epra in the monthly fuel price capping guide yesterday retained the pump prices for the three products at the same levels.

“The average landed cost of imported super petrol decreased by 6.19 per cent… The implementation of the subsidy programme has caused a mismatch between landed costs and actual pump prices. while kerosene decreased by 4.07 per cent,” said Epra. The government will utilise the Petroleum Development Levy (PDL) to compensate oil marketing companies for the difference in cost.” Epra noted that the landed cost for the three products fell by between four and 11 per cent on account of a general decline in the cost of petroleum products globally. An increase in the cost of diesel, a critical fuel for sectors such as transportation, would have seen a hike in the cost of basic goods.

The inter-ministries of Industry and Trade - Finance decided to keep the prices of gasoline RON95 and E5 RON92 unchanged.

AL-MUKALLA: Yemen's parliament has publicly condemned the government's plan to hike fuel and utility prices, among other revenue-generating methods, ...

Previous increases in gasoline prices, meanwhile, have driven up the costs of basic necessities and transportation and caused violent demonstrations throughout areas under government control. The council said that the steps were intended to stabilize the Yemeni riyal, stimulate the economy and alleviate poverty. It demanded that the government rescind the price increases and seek other means of generating revenues without harming the populace.

Finance Minister Ishaq Dar while addressing the media in Lahore on important decisions taken by the ruling coalition said that petroleum prices would be ...

Meanwhile, the rupee has depreciated from Rs225.93 to Rs227.72 per dollar. However, no general sales tax is collected on the sale of petroleum products which include petrol, HSD, high octane blending component, kerosene oil and light diesel oil. Further, light diesel oil (LDO) is presently priced at Rs179 per liter, and that too shall remain unchanged for the next 15 days," he clarified. The exchange rate adjustment for major oil importer Pakistan State Oil (PSO) is estimated at Rs5 per litre on petrol and Rs3.50 per litre on HSD. Furthermore, oil marketing margins of Rs5 per litre are collected on the sale of petrol and HSD while the commission of dealers has been set at Rs7 per litre for the two petroleum products. Apart from the petroleum levy, the inland freight equalisation margin had been fixed at Rs3.51 per litre on the sale of petrol and at Rs0.81 per litre on the sale of HSD.

ISLAMABAD - The federal government has Sunday announced to keep the prices of Petroleum products unchanged for the next fortnightly (Jan 16 to Jan 31) of ...

Light diesel oil price has recorded a cut of Rs28.28/litre to Rs197.28/ litre from Rs169 per litre High speed diesel price has also declined by Rs19.63 per litre to Rs228.80 per litre from Rs247.43 per litre. He said that the price of petrol will remain at Rs214.80/ litre; high speed diesel will remain at Rs227.80/litre, Kerosene oil to remain at Rs171.83/litre, while light diesel oil will remain at Rs169/litre.

ISLAMABAD: Federal government has kept the prices of all petroleum products unchanged by adjusting rates of petroleum levy (PL) with effect from January 16.

In the second half of January 16-31, the government decided to keep charging consumers Rs50 per litre PL on petrol and raised the PL rates from Rs32.50 to Rs 35 per litre (Rs 2.50 per litre) on HSD. The local refineries are also operational and playing their due role in meeting demand of petroleum products”, it says. On Sunday, Oil and Gas Regulatory Authority strongly rebutted the speculations on Petrol/diesel shortages. In a letter to the finance secretary, the OCAC had pointed to the challenges being faced by oil companies in this respect. The rates of PL on kerosene oil are fixed at Rs 6.22 per litre and Rs 30.45 per litre on LDO. The current Petrol price is Rs 214.80 per litre, high speed diesel (HSD) is being sold for Rs227.80 per litre. Some media reports claim that country is facing oil crisis threat as commercial banks have refused to open and confirm Letters of Credit (LCs) for the import of POL products. The regulator issued a statement on the current stock of oil and gas in the country. According to an estimate, the price of petrol was expected to go up by Rs8.98 per litre while the price HSD might rise by Rs1.06 per litre in the fortnightly revision of petroleum product prices with effect from January 16 It says useable stocks in the country are good enough for 17 days of Petrol and 32 days of Diesel. The Oil Companies Advisory Council (OCAC) had asked the finance secretary and the State Bank of Pakistan (SBP) towards the emerging situation on Saturday. Kerosene oil (SKO) is currently priced at Rs171.83 per litre and light diesel oil (LDO) is presently priced at Rs179 per litre.

Petrol to cost Rs214.80, diesel Rs227.80, kerosene oil Rs171.83 and light diesel oil Rs169 per litre.

[Oct 15](https://www.dawn.com/news/1715180), [Oct 30](https://www.dawn.com/news/1718104/petroleum-prices-stay-unchanged-until-nov-15), and [Nov 15](https://www.dawn.com/news/1721115). “We are not changing the prices. [cut](https://www.dawn.com/news/1726500) the price of petrol by Rs10 and diesel by Rs7.5.