Tag: petrol expected price in pakistan

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.

petrol price

Petrol And Diesel Prices Are Likely To Cheaper From November 15

Petrol And Diesel Prices

The government has indicated the possibility of making petrol and diesel cheaper in the country. According to media reports, the prices of petrol and high-speed diesel in Pakistan may be reduced by 8 to 10 rupees per liter from November 15 due to the fall in oil prices in the global market.

Currently, the price of crude oil in the world market has decreased by 4% since July to reach the lowest level of 78 dollars per barrel. Therefore, it is expected that after the reduction in prices in the global market, the people of Pakistan will also get relief on petroleum products.

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.

Expected Petrol Price In Pakistan On 1st November 2023

Petroleum Price In Pakistan Today

Currently, the price of petrol in the country is Rs 283.38 per litre. The price of high speed diesel is Rs 303.18 per litre. The price of kerosene was reduced by Rs 3.82 per liter on November 1, the new price is Rs 211.3 per litre. On November 1, the price of light diesel oil was also reduced by Rs 3.40 paise per liter after which the new price of light diesel has been fixed at Rs 189.46 per litre.

Gas Cylinder Price In Pakistan

Similarly, on November 1, the Oil and Gas Regulatory Authority announced a reduction in the price of an 11.8 kg domestic cylinder of LPG by Rs 117.47. According to the notification issued by OGRA, the price of LPG has been increased by Rs 10 per kilo from November 1, resulting in a reduction of Rs 117 in the price of a domestic cylinder and Rs 452 in the price of a commercial cylinder.