Tag: expected petrol prices in pakistan

Petrol prices likely to increase from March 1

Petrol Prices

The government has started preparations for a further increase in the prices of petroleum products from March 1, 2024. According to media reports, the price of petroleum products is likely to increase after electricity and the government is preparing to increase the prices of petroleum products from March 1.

Petroleum division sources say that petrol is likely to be expensive by Rs 4.50 from March 1. The price of diesel may increase by Rs 2.50 per litre. The price of kerosene is expected to increase by Rs 2.92 paise per litre. However, the prices of light diesel oil are likely to remain unchanged.

Today petrol prices in Pakistan

OGRA will send the summary of petroleum products to the Ministry of Petroleum on February 29. The Finance Minister will announce the prices after consultation with the Prime Minister, after which the new prices of petroleum products will be applicable from March 1 to 15.

petrol price

Expected Petrol Prices in Pakistan from January 1, 2024

Expected Petrol Prices in Pakistan

Unlike the global market, petrol is likely to be cheaper in Pakistan. The new prices of petroleum products will be implemented from 1st January, the question in everyone’s mind is what will be the expected petrol prices in Pakistan from 1st January 2024?

The government of Pakistan is ready to give more relief to petroleum consumers. The price of petrol is likely to decrease by Rs 1.72 per litre. However, the price of High Speed Diesel (HSD) is expected to increase marginally by around Rs 1 per liter due to a slight increase in international diesel prices.

Product	Current Price	Expected Price
MS Petrol	Rs. 267.34	Rs. 265.62
Hi-Speed Diesel	Rs. 277.21	Rs. 277.21

According to the report, under the influence of the global market, the new price of petrol in Pakistan is Rs 265.62 per liter, while the price of diesel is likely to be Rs 277.21 per liter after the expected increase.

According to the data, the prices in the global market have not gone to the old level and the rupee is also stable, so a slight decrease in the price of petrol is expected. The new prices of petroleum products will be applicable from January 1, which will be officially announced on Sunday, December 31 after 11 pm.

It should be noted that the expected decrease in the price of petrol is the result of a slight decrease in the prices of international petroleum products since the review of the last 15 days. Brent plunged before pricing on December 15, which has since recovered. But it’s still below $80. Brent was at $85 at the end of November and has since fallen. So the government made petrol 14 rupees cheaper.

petrol price

Petrol and Diesel Price In Pakistan On 27 September 2023

Petrol and Diesel Price In Pakistan

The caretaker government of Pakistan has decided to reduce Petrol and Diesel Price in Pakistan from October 16, 2023. It has been decided to reduce the price of petrol in Pakistan by Rs. 40 per liter. Diesel price reduced by Rs 15 per litre

Today Petrol and Diesel prices in Pakistan

Product	Price
MS Petrol	Rs. 283.38
Hi-Speed Diesel	Rs. 304.05

The price increase is based on current tax rates and import parity prices, mainly due to currency fluctuations and marginal increase in international oil prices.

Petrol and Diesel Prices are Likely To Increase From November 1

It should be noted that the government is charging a levy of Rs 2 per liter on petroleum. 55 rupees per liter on petrol and 50 rupees per liter on high speed diesel. A possible increase in their prices may affect inflation in November.