New Diesel and Petrol Prices In Pakistan Today – 16 November 2023
New Diesel and Petrol Prices In Pakistan
The caretaker government of Pakistan has decided to reduce the Diesel and Petrol prices in Pakistan from November 16, 2023. It has been decided to reduce the price of petrol in Pakistan by Rs 2.04 per liter. Diesel price reduced by Rs 6.47 per liter. A notification has been issued in this regard.
| Product | Old Price
w.e.f 01-11-2023 |
New Price
w.e.f 16.11.2023 |
Difference |
| MS Petrol | 283.38 | 281.34 | -2.04 |
| Hi-Speed Diesel | 304.05 | 296.71 | -6.47 |
| Kerosene (SKO) | 211.03 | 204.98 | -6.05 |
| Light Diesel Oil | 189.46 | 180.45 | -9.01 |
Petroleum Price In Pakistan Today
After the reduction in the price of petrol in Pakistan by Rs 2.04, the new price has become Rs 281.34 litre. Similarly After the reduction in the price of Hi-Speed Diesel in Pakistan by Rs 6.47, the new price has become Rs 296.71 per litre. After the reduction in the price of Light Diesel Oil by Rs 9.01, the new price has become Rs 180.45 per litre. After the reduction in the price of Kerosene Oil by Rs 6.05, the new price has become Rs 204.95 per litre in Pakistan.
It should be noted that on November 1, the federal government had announced to maintain the prices of petroleum products. In which it was said that there will be no change in petrol and diesel prices from November 1 and the current price of petrol and diesel will remain unchanged for the next 15 days.
Prices depend on current tax rates and import prices, which are mainly due to fluctuations and increases in international oil prices.
It should be noted that the government is charging a levy of Rs 2 per liter on petroleum. Rs 55 per liter on petrol and Rs 50 per liter on high speed diesel. A possible increase in their prices may affect inflation in November.