Feb 1 → Present→ petrol prices up 56% in Pakistan, unchanged in India:
1. New Delhi: ₹94.72 → ₹94.72
2. Bangladesh: ~BDT130 → unchanged
3. Pakistan: Rs257 → Rs399.86 (+56%)
4. Same oil shock
5. Different policy
https://t.co/9hywB37JST
Petrol prices up 56pc in Pakistan, unchanged in India
On February 1, petrol in New Delhi was Indian Rs94.72 per litre. It remains Indian Rs94.72 per litre (approximately Rs280 in Pakistani rupees).
On February 1, petrol in Bangladesh was approximately BDT 130 per litre. It remains largely unchanged.
On the same day, petrol in Pakistan was Pakistani Rs257 per litre. It now stands at Rs399.86 — a 56 percent increase.
Meanwhile, Brent crude oil rose from $68–70 per barrel to $105–$115 — an increase of 54 to 64 percent.
Hard truth: Prices unchanged in India and Bangladesh. Pakistan up 56 percent.
How does India do it? The government cuts taxes, and state-owned oil companies — Indian Oil Corporation (IOCL), Bharat Petroleum (BPCL) and Hindustan Petroleum (HPCL) — absorb the losses. Prices are managed. The consumer is protected while the cost is shifted to company balance sheets.
How does Bangladesh do it? Prices are administered. The government-owned Bangladesh Petroleum Corporation (BPC) absorbs the shock, adjusting prices infrequently. The consumer is protected, while the cost is shifted to the public balance sheet.
Pakistan does it differently. Prices are passed through immediately, petroleum levy is raised, and domestic refineries — Pakistan Refinery Limited (PRL), National Refinery Limited (NRL), Attock Refinery Limited (ARL) and Cnergyico — are paid import parity prices. The consumer absorbs the shock, the government collects the tax, and refineries make billions.
The same pattern holds for diesel. On February 1, diesel in New Delhi was around Indian Rs88 per litre and remains unchanged. In Bangladesh, diesel was approximately BDT 109 per litre and is still at similar levels. In Pakistan, however, diesel has risen from about Rs267 per litre to around Rs399.58 — an increase of 50 percent.
Red alert: Three countries. One oil shock – different choices. The oil price is global. The pain is a policy choice.
پاکستانی صحافی جس طرح دوسروں پر تنقید کرتے ہیں، اسی طرح خود پر بھی تنقید سننے کا حوصلہ پیداکریں۔ گالی گلوچ،دھمکیاں غلط ہیں،مگر حقائق پرمبنی تنقیدکو آزادیِ صحافت پرحملہ قراردینا درست نہیں۔سوشل میڈیا نےاکثریت کی وابستگیاں واضح کر دی ہیں،لہٰذا غیر جانبداری کا ڈھونگ محض خود فریبی ہے۔
Please remember Dr Henry Kissinger’s famous words of wisdom: ‘It is dangerous to be an enemy of the United States, but it’s Fatal to be a friend of the US’!
Please remember Dr Henry Kissinger’s famous words of wisdom: ‘It is dangerous to be an enemy of the United States, but it’s Fatal to be a friend of the US’!
In the Name of God, the Compassionate, the Merciful
Among the faithful are men who fulfill what they have pledged to Allah: there are some among them who have fulfilled their pledge, and some of them who still wait, and they have not changed in the least (Holy Quran 33:23).
Many would be woundring why Iran is targeting Gulf states, particularly UAE. The strategy is clear. Only thing that can swiftly end this war is raising the cost of US allies. Images of burning buildings near iconic Burj Khalifa has shattered the image of Dubai as the safest city, not only for living but investment. Spare a thought for those, including many rich Pakistanis, who invested in the Gulf state. If this conflict continues that will be devastating for oil-rich Gulf countries. So, Iran's current regime, facing an existential threat, is least worrid about its ties with UAE or other Arab countries. Its only priority is to hit the US hard where it hurts the most. Meanwhile, decades of fears that Iran's conflict with US and Israel could engulf the entire region have now turned into reality.