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Tag: petrol price in pakistan today

today Petrol Price In Pakistan - Expected fuel prices

OGRA Petrol Prices in Pakistan from January 1, 2024

Petrol Prices In Pakistan

The caretaker government of Pakistan has decided to maintain the prices of petrol and high speed diesel (HSD) till the first fortnight of the new year 2024.

As per the current prices, petrol will now be sold at Rs 267.34 per litre, while high speed diesel will be priced at Rs 276.21 per litre from January 1st, 2024.

Product New Prices
MS Petrol 267.34
Hi-Speed Diesel 276.21
Kerosene (SKO) 191.02
Light Diesel Oil (LDO) 164.64

Prices depend on current tax rates and import prices, which are mainly due to fluctuations and increases in international oil prices.

The caretaker government’s decision to pass on the benefit of international prices to consumers is aimed at providing relief in these tough economic times. It demonstrates the administration’s commitment to fiscal responsibility and its understanding of the challenges facing the people of Pakistan.

 

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.

petrol price

Price Of Petrol Is Expected To Increase By Rs 15 from September 16

Price Of Petrol

The price of Petrol may increase from September 16, 2023. After the increase in the price of crude oil by $5 per barrel in the global markets, the prices of petroleum products are likely to increase by 15 rupees per liter on September 16.

Amid rising crude oil prices in international markets, fears of a new inflationary storm are rising in Pakistan. If the value of the dollar does not fall further, the prices of petroleum products may increase from September 16. An increase of Rs 15 per liter is possible.

Petrol Price Barrel

The price of crude oil in the Gulf market increased from $88 per barrel to $93. According to the Pakistani currency, the price of crude oil in the world market on September 1 was 25 thousand 344 rupees per barrel, in which an increase of 2 thousand 742 rupees was recorded.

Today Petroleum Price In Pakistan – 1 September 2023

After the increase in prices, the price of crude oil in Pakistani currency has reached 28 thousand 86 rupees per barrel.

today Petrol Price In Pakistan - Expected fuel prices

Petrol 5, Diesel 20 Per Liter Likely To Be Cheaper From April 1

Islamabad: Petrol and diesel prices are expected to decrease due to the decrease in crude oil prices in the international market from April 1, 2023  in Pakistan.

Petrol and diesel prices may decrease from April 1 due to fluctuations in crude oil prices in the global market. Oil marketing companies estimate that diesel could be cheaper by Rs 15-20 and petrol by Rs 4-5 per litre.

On the other hand, industry sources say that there is no possibility of any change in the prices.

Gold Rate In Pakistan | Gold Price

The expected decrease in fuel prices is expected to bring a sigh of relief for the masses who are forced to pay Rs272 per litre for petrol as the government earlier soared the petrol prices by Rs5 per litre for the fortnight.

The expected drop in fuel prices in Pakistan is expected to bring a sigh of relief to the public who are forced to pay Rs. 272 per liter for petrol as the government had already hiked petrol prices by Rs 5 per liter for a fortnight.