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Tag: petrol diesel price in pakistan today 2023

petrol price

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.

New Diesel and Petrol Prices In Pakistan Today - 16 November 2023

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.

 

petrol price

Petrol and Diesel Prices In Pakistan Reduced For The Next Fortnight

Petrol and Diesel Prices In Pakistan

In a relief to the inflation-stressed public, Pakistan’s caretaker government on Saturday cut the price of Petrol and Diesel for the next fortnight, for the first time in two-and-a-half months.

The government has reduced the price of petrol by 8 rupees, while the price of diesel has been reduced by 11 rupees, after which the new price of fuel will be 318.18 rupees per litre. The new commodity prices have come into effect from midnight today.

Product Old Prices New Prices Difference
Petrol 331.38 323.38 -8
Diesel 329.18 318.18 -11

The government has also reduced the price of kerosene by Rs 7.53 per liter to Rs 237.28 and the price of light diesel oil by Rs 7.77 to Rs 212.45 per litre. Commodity prices were last seen falling in mid-July when petrol fell by Rs 9 to Rs 253 and diesel by Rs 7 to Rs 253.50 per litre.

What Is Real Price of Petrol In Pakistan Without Govt Tax?

The finance ministry said in a statement that the decision to cut the prices of petroleum products was taken after the appreciation of the Pakistani rupee and the fall in POL prices globally.