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Tag: expected petrol prices

petrol price

Expected Petrol Prices in Pakistan from February 16 after Elections

Expected Petrol Prices in Pakistan

This question is in the mind of every Pakistani that what will be the expected prices of petrol in Pakistan from February 16 after the general elections? The federal government of Pakistan will revise the petrol and diesel prices keeping in view the international trend in the next fortnightly review to be held on February 15, 2024.

The caretaker government is expected to announce the revised prices of petroleum products for the second fortnight of February 2024 as the formation of the new government will take a few more days.

Due to the increase in international prices, the government is likely to increase the prices of petrol and diesel in Pakistan from February 16. The interim government is also expected to maintain prices.

Petrol and Diesel Prices in Pakistan Today

Currently, the price of petrol per liter is Rs 272.89 while it is being sold at Rs 276.21 per litre.

petrol price

Petrol Price is likely to increase by Rs 7 from February 1 in Pakistan

Before the elections, the petrol price in Pakistan is likely to increase by rupees 7 from February 1, 2024. The caretaker government will revise oil prices from January 31. Oil prices will be adjusted as per OGRA’s recommendation.

Expected Petrol Prices

In Pakistan, the price of petrol is expected to increase by 8 to 11 rupees and the price of high speed diesel by 2 to 7 rupees per liter from February 1. The price of light diesel is likely to increase by Rs 1 per liter while the price of kerosene is likely to decrease by Rs 1 50 paise per litre. It is also being indicated that the prices of kerosene and light diesel will remain unchanged for the next fortnight.

Petrol Price In Pakistan Today

Products Today Petrol Price
MS (Petrol) Rs 259.34
High Speed Diesel (HSD) Rs 276.21
Kerosene oil Rs 186.86
Light diesel oil Rs 164.83

It should be remembered that the government had reduced the prices of petroleum products by Rs. 8 from January 15.

According to the report, the caretaker government will revise the prices of petroleum products from January 31 to February 15, 2024. Petrol and diesel prices are likely to increase by Rs 7 per liter from January 31, but OGRA has not yet sent any proposal regarding the prices of petroleum products. The price revision of petroleum products will be done as per the recommendations of OGRA.

 

petrol price

Expected Diesel, Petrol Prices In Pakistan From December 1, 2023

Expected Diesel Petrol Prices In Pakistan

The question in everyone’s mind is that what will be the expected petrol and diesel prices in Pakistan? From December 1, petroleum products are expected to become cheaper by Rs.7

Product Current Prices Expected Prices Difference
Petrol 281.34 274.34 -7
Diesel 296.71 290.71 -6

OGRA has started work regarding revision of petrol and diesel prices. As a result of the fall in prices in the global market, the summary sent by OGRA to the government said that petroleum products are likely to become cheaper in Pakistan as well. Under which the price of petrol is expected to decrease by Rs.7 per liter and the price of diesel by Rs.6 per liter from December 1, 2023.

On the other hand, the Oil Marketing Association rejected fixing the prices of petroleum products on a weekly basis. In this regard, Oil Marketing Association Chairman Oil Marketing Association Tariq Wazir Ali has written a letter to the Ministry of Petroleum and Chairman OGRA.