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Petrol and diesel prices in Pakistan are expected to decrease from May 1, following a drop in international oil prices. Industry experts anticipate a decrease of Rs7.85 for diesel and Rs3.75 for petrol due to a $4.3 dip in diesel and a $1.86 dip in gasoline per barrel globally. However, uncertainty remains due to ongoing volatility in global oil prices, and the government's decision-making process considers various factors including global oil prices, currency valuation, fuel consumption, and supply costs of state-owned entities like Pakistan State Oil. #clickmepakistan #petrolprice #inflation #government #pricedrop

Pakistanis are likely to see a drop in petrol and diesel prices once again in the upcoming fortnightly review on September 15. Reports suggest a decrease of around Rs10 per litre for both petrol and high-speed diesel, unless the government decides to increase the petroleum levy. Global oil prices have fallen by about $5 per barrel recently, which supports this expected reduction. Currently, petrol is priced at Rs259.1 per litre and diesel at Rs262.75 per litre. The anticipated price cut aims to ease inflation pressures on middle and lower-income families, though its impact on transportation fares and essential goods may vary. #Pakistan #FuelPrices #Petrol #Diesel #EconomicRelief #Inflation

After five consecutive decreases, the federal government is likely to increase petrol prices by Rs. 5.5 and diesel by Rs. 13 per liter, starting October 16, 2024, due to a sharp rise in international oil prices. Global rates for HSD, petrol, and crude oil have surged to $87.5, $79, and $81 per barrel, respectively, while the Pakistani rupee remained stable at 277-278. The new prices are expected to be Rs. 252-253 per liter for petrol and Rs. 259-260 for diesel. #FuelPrices #PakistanEconomy #OilPrices #PetrolPriceHike #DieselPriceIncrease #energyhealing Visit Our Website: https://bankopedia.pk/

Pakistanis are likely to see a drop in petrol and diesel prices once again in the upcoming fortnightly review on September 15. Reports suggest a decrease of around Rs10 per litre for both petrol and high-speed diesel, unless the government decides to increase the petroleum levy. Global oil prices have fallen by about $5 per barrel recently, which supports this expected reduction. Currently, petrol is priced at Rs259.1 per litre and diesel at Rs262.75 per litre. The anticipated price cut aims to ease inflation pressures on middle and lower-income families, though its impact on transportation fares and essential goods may vary. #Pakistan #FuelPrices #Petrol #Diesel #EconomicRelief #Inflation

Fuel prices in Pakistan are expected to increase for the latter half of December 2024, driven by a global surge in oil prices. Reports highlight a recent hike in US crude oil and British Brent prices, with crude oil now at $68.05 per barrel and Brent at $71.85. The Oil and Gas Regulatory Authority (OGRA) has submitted a price adjustment summary to the government, with a decision expected on December 15. Citizens brace for higher commuting and transport costs following last month’s Rs3.72 per litre petrol hike. #PetrolPrice #PakistanNews #GlobalOilPrices

Petrol and Diesel Prices to Increase in Pakistan from January 16. Petrol and diesel prices in Pakistan are expected to increase from January 16, 2025, due to rising global oil prices. Reports suggest a hike of up to Rs3 per litre, driven by concerns over global supply disruptions and increased energy demand. Brent crude oil recently hit $77.32 per barrel, fueling price increases. Despite a stable exchange rate, fluctuations in international oil markets are pushing fuel prices higher. The Finance Division will finalize the decision, pending approval from Prime Minister Shehbaz Sharif and the Finance Minister. This rise will add strain to household budgets and transportation costs. #PetrolPriceHike #DieselPriceIncrease #PakistanFuelPrices #FuelPriceRise

Pakistanis are likely to see a reduction in petrol and diesel prices in the upcoming fortnightly review on September 15. Reports indicate that prices could drop by approximately Rs10 per litre for both petrol and high-speed diesel, provided the government does not increase the petroleum levy. This expected decrease follows a $5 per barrel decline in global oil prices, which strengthens the case for lower fuel costs. Currently, petrol is priced at Rs259.1 per litre, while diesel stands at Rs262.75 per litre. The potential price cut is aimed at easing inflationary pressures on middle and lower-income households, although its effect on transportation costs and essential goods may vary. #PetrolPrices #DieselPrices #FuelCostReduction #PakistanEconomy #InflationRelief #MiddleClassSupport #TransportationCosts #smartnewspk

Petrol Price Saw A Jump Of Rs. 7.45/L In Pakistan Read the blog: https://ow.ly/EUlC50Sssw3 #PakWheels #PWBlog #Petrol #PetrolPrice #PriceIncrease

Pakistanis are expected to witness a reduction in petrol and diesel prices in the upcoming fortnightly review on September 15. Sources indicate a possible decrease of around Rs10 per litre for both fuels, unless the government opts to raise the petroleum levy. This expected price cut is driven by a recent drop of about $5 per barrel in global oil prices. Currently, petrol costs Rs259.1 per litre, and diesel is priced at Rs262.75 per litre. The reduction is aimed at relieving inflationary pressure on middle and lower-income households, though the effect on transportation costs and essential goods may vary." #Pakistan #FuelPrices #Petrol #Diesel #EconomicRelief #Inflation

Great news for motorists! Petrol and High-Speed Diesel (HSD) prices in Pakistan are expected to drop this week due to a decline in international oil prices. The federal government is likely to decrease the price of petrol and diesel by Rs. 8.5-9.3 per liter and Rs. 9 per liter, respectively, on August 15, 2024. This anticipated reduction comes as international prices for HSD, petrol, and crude oil fell to $91, $84, and $82 per barrel, respectively, during the current fortnight. With the Pakistani rupee remaining stable at 278, these factors are poised to bring down local fuel prices. Read more in comments. #FuelPrices #Pakistan #PetrolPriceDrop #DieselPrice #EnergySector #Economy #ReliefForConsumers #Mawazna #PersonalFinance