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Tag: today petrol price in pakistan

expected petrol and diesel price in pakistan

Price of petrol is likely to increase by Rs 4 from March 1

Price of petrol is likely to increase by around Rs 4 per liter on Friday for 15 days starting March 1, 2025 due to exchange rate fluctuations: Report

Sources say that according to the final estimate, the price of ex-depot petrol is expected to increase by Rs 4 to Rs 4.50 per liter on February 28. The price of high-speed diesel (HSD) and kerosene may decrease by less than Rs 1 per liter.

Today Petrol Price in Pakistan

Today on 26th March, 2025, the current price of ex-depot petrol is Rs 256.13 per litre and high-speed diesel is Rs 263.95 per litre in Pakistan. The official price of kerosene is Rs 171.65 per litre but it is being sold for Rs 300 to Rs 350 per litre.

The increase in petrol prices is expected to be driven by a slight increase in international rates and a depreciation of the exchange rate against the dollar. Benchmark Brent prices have generally been stable over the past 10 days.

 

expected petrol and diesel price in pakistan

Petrol and diesel prices reduced in Pakistan from October 1, 2024

The government of Pakistan has reduced the price of petrol by Rs 2.7 and the prices of high speed diesel by Rs 3.40 per liter. As the Finance Ministry announced the new rates as part of the fifteenth revision.

The government has announced a reduction in the price of petrol by Rs 2.7 per litre, after which the new price of petrol has become Rs 247.3.

The price of high speed diesel has been reduced by Rs 3.40 per litre, after which the new price of diesel has been reduced from Rs 249.69 to Rs 246.29.

The government has reduced the price of light diesel by Rs 1.3 per litre, from Rs 141.93 to Rs 140.90 per litre.

Similarly, the price of kerosene has been reduced by Rs 3.57 per liter after which the new price of kerosene oil has been fixed at Rs 154.90.

It should be noted that the new prices of petroleum products will be applied from 12 midnight on October 1. From June 1 to October 1, 2024, the prices of petrol has been reduced by a total of Rs 21.23 per litre, while the price of diesel has been reduced by Rs 18.67.

petrol price

OGRA has revised petrol prices in Pakistan from March 1, 2024

OGRA has Revises Petrol Prices in Pakistan for Next 15 Days from March 1, 2024. Notification Issued

According to the notification issued by the Finance Division, after an increase of Rs 4.13, the new price of petrol has now become Rs 275.62 per liter which was Rs 275.62 earlier. The price of High Speed Diesel (HSD) and Light Speed Diesel are not changed.

Product Old Price New Price Difference
MS (Petrol) Rs 275.62 Rs 279.75 +Rs 4.13
High Speed Diesel (HSD) Rs 287.33 No Change
Light Speed Diesel (LSD) Rs 164.83 No Change
Kerosene Oil Rs 186.86 No Change

The new prices will be applicable from 12 pm today.

petrol price

Petrol prices likely to increase from March 1

Petrol Prices

The government has started preparations for a further increase in the prices of petroleum products from March 1, 2024. According to media reports, the price of petroleum products is likely to increase after electricity and the government is preparing to increase the prices of petroleum products from March 1.

Petroleum division sources say that petrol is likely to be expensive by Rs 4.50 from March 1. The price of diesel may increase by Rs 2.50 per litre. The price of kerosene is expected to increase by Rs 2.92 paise per litre. However, the prices of light diesel oil are likely to remain unchanged.

Today petrol prices in Pakistan

OGRA will send the summary of petroleum products to the Ministry of Petroleum on February 29. The Finance Minister will announce the prices after consultation with the Prime Minister, after which the new prices of petroleum products will be applicable from March 1 to 15.

 

Today petrol prices in Pakistan 2023

Petrol Prices Have Been Reduced In Pakistan For December

Pakistan Petrol Prices

The Caretaker Government of Pakistan has decided to reduce the prices of petrol in Pakistan from 16 December 2023, It has been decided to reduce the price of petrol by Rs 14 per liter and diesel price by Rs 13.50 per litre. A notification has been issued in this regard. The reduction in the prices of petroleum products will be implemented from 12 pm today.

As per the revised prices, petrol is now retailing at Rs 267.34 per litre, while HSD is Rs 276.21. This double-digit reduction translates to a nearly 5% drop in fuel prices, a welcome change for consumers battling inflation and rising living costs.

Today Petrol Price In Pakistan – 1 December 2023

The prices of Kerosene Oil (SKO) and Light Diesel Oil (LDO) have also been reduced by Rs 10.14 and Rs 11.29 per liter respectively. After the price cut, SKO has settled at Rs 191.02 and LDO has settled at Rs 164.64.

Product Old Price New Price Difference
MS Petrol 281.34 267.34 -14.00
Hi-Speed Diesel 289.71 276.21 -13.50
Kerosene (SKO) 201.16 191.02 -10.14
Light Diesel Oil (LDO) 175.93 164.64 -11.29

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 a positive step towards providing relief in these tough economic times. It demonstrates the administration’s commitment to fiscal responsibility and its understanding of the challenges faced by the people of Pakistan.

petrol price

Today Petrol Price In Pakistan [15 August 2023]

Today Petrol Price In Pakistan

Today petrol price in Pakistan is set at Rs 272.95 per liter and Diesel price in Pakistan has been set at Rs. 273.40 per liter.

According to the global trend, the caretaker government of Pakistan is likely to increase the petrol prices till the second fortnight of August 2023. It should be noted that a few days ago the price of crude oil in the world market had reached the highest level of 7 months.

Petrol and Diesel Prices Hiked By Rs 19.95 for August

Media reports have claimed that petroleum prices are likely to increase by Rs 24 per liter in the second half of the month of August. Another shock for the inflation-weary public facing high food prices. Since fuel prices directly affect the transport and agriculture sectors, any increase will further burden the public.

Petrol Price In Pakistan 15 August 2023

As of mid-August, the current price of petrol is Rs 272.95 per liter while high speed diesel is priced at Rs 273.40 per litre. If the government approves the new changes, the price of petrol will go up to around Rs 295 per liter while the price of diesel will go up to around Rs 300 per litre.

Expected price increases will add to existing problems. Because petrol and diesel prices have already increased by around Rs 20 per liter in the last revision. In recent days, the prices of refined petroleum products have increased from $13 to $111 per barrel.

The price of crude oil settled at $85.74 per barrel after a one percent decline in the Brent oil market today. While the price of US crude oil decreased by 1.3% to 82.12 dollars per barrel.

today Petrol Price In Pakistan - Expected fuel prices

Petrol Price In Pakistan Is Ready To Adjust On April 30, 2023

Petrol Price In Pakistan on April 30, 2023

Pakistan is ready to adjust petrol prices on April 30, 2023, which maintains current exchange rates and maintains current oil prices in international markets. With the next review of the first half of May 2023 this month, The petrol price in Pakistan is changed every two weeks.

In the past one year, international oil prices have seen a massive decline. For example, The benchmark Brent crude oil fell by 18.51 percent from $96.07 per barrel on April 25, 2022, to $78.29 by April 25, 2023. On the contrary, fuel prices have increased by more than 100 % in domestic markets. For example, a sensitive price indicator (SPI) inflation report released by PBS for the week ended on April 13, 2023 shows that diesel prices have increased by 102.84 % and Petrol has increased by 81.17 %.

The decline of Pakistani rupee against the dollar is an important factor behind the increase in petroleum prices in domestic markets. A year ago, the same day, compared to the Pakistani Rupees 185.92, by 20 April 2023, the local currency declined by 52.47 % by 283.47.

Experts believe that despite the recent drop in international oil prices, the government may not be in a position to reduce local prices due to the need to reduce rupee and generate income. As a net importer of petroleum products to meet local demand, no change in exchange rates and international oil prices can affect domestic prices.

For example, imports of petroleum products decreased by 20 % during the first nine months (July March) of the current fiscal year 2022-2023, which fell from $ 7.287 billion to $ 7.836 billion during the same period of the last financial year. Is. The current financial year, according to data released by the Pakistan Bureau of Statistics (PBS).

Earlier, the government had increased petroleum prices on April 15, 2023, citing international oil prices and exchange rates in the second half of this month. For example, the new price of petrol is Rs. 282 per liter, which was efficient from April 16, 2023, at a former price of Rs. 272 per liter. The price of kerosene has also increased by Rs. 5.78 to Rs. 186.07 per liter from Rs. 180.29. However, prices of high -speed diesel and light diesel oil have not changed to Rs. 293 and Rs. 174.78 respectively.

Also read this: Sasta Petrol Scheme | Govt Has Demanded Data Of Registered Motorcycles

Nevertheless, the government has assured the public that they are working on a scheme to provide petroleum products to low income groups at subsidized rates. Minister of State for Petroleum Mr. Musadik Malik recently said that various suggestions are being considered, such as the use of Benazir Income Support Program (BISP), issuing specific subsidy cards, or create a One Time Password (OTP) for the ease of the eligible citizens.

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.