During the weekend, Mr. Momin Agha announced that gasoline prices would remain unchanged for the next two weeks. 01 July to till 15, 2024 petrol, HSD, LDO, and kerosene oil will remain unchanged. Check 1 litre petrol diesel price in Pakistan 2024 in this article.
Check Today Petrol Rate In Pakistan 2024
In Pakistan, the 1 litre petrol will remain at Rs 265.61 per litter for the second half of July 2024, and the HSD price at PKR Rs 277.45 per litter. The premium rates for kerosene oil (KEO) and light diesel oil (LDO) will remain at PKR Rs 173.48 per liter and Rs 161.17, respectively.
Prices Of Petrol In Pakistan As Of July 2024
There will be no change in Pakistan’s diesel and petrol prices for the next fortnight until 15 July 2024.
Product Name | New Price (Rs.) | Old Price (Rs.) | Difference (Rs.) |
---|---|---|---|
Petrol | 265.61 | 258.16 | +7.45 |
High Speed Diesel (HSD) | 277.45 | 267.89 | +9.56 |
Kerosene Oil (SKO) | Rs 173.48 | Rs 183.34 | -9.86 |
Light Diesel | Rs 161.17 | Rs 168.71 | -7.54 |
Check Today Petrol Price In Pakistan 2024 Per Litre
Diesel oil will retail for Rs 277.45 per liter, while kerosene will be priced at Rs 173.48 per liter. Petroleum prices will remain unchanged until 15 July, according to Mr. Momin Agha.
A monthly import bill of approximately $ 1.3 billion is incurred to meet the energy demand of approximately 430,000 Metric Tons of Mogas, 200,000 Metric Tons of High-Speed Diesel (HSD), and 650,000MT crude oil.
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According to sources in the Petroleum Division, the government might decide not to raise petroleum prices despite the considerable depreciation in local currency.
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Pakistan’s Petrol Price An Analysis Of Market
OPEC petroleum price has come down since July 2024. In Pakistan, petrol prices have risen by more than 19% during the same period. As a result of fluctuating forex and a plethora of duties, petroleum prices are high.
The petroleum levy has already reached the IMF limit. Therefore, the government didn’t have to increase prices. However, if the PKR continues to lose value and crude oil prices increase in global markets, we may see a price increase.
In addition, the economy and politics of the country are unstable. Therefore, IMF assistance may lead to higher petroleum prices. However, more is needed.
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