During the weekend, Mr. Momin Agha announced that gasoline prices would remain unchanged for the next two weeks. 16 April to till 30, 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. Rs. 293.94 per litter for the second half of April 2024, and the HSD price at Rs. 290.38 per litter. The premium rates for kerosene oil (KEO) and light diesel oil (LDO) will remain at Rs. 188.83 per liter and Rs. 163.53, respectively.
Prices Of Petrol In Pakistan As Of April 2024
There will be no change in Pakistan’s diesel and petrol prices for the next fortnight until 15 April 2024.
PRODUCT | OLD PRICE (PKR) | NEW PRICE (PKR) | CHANGE (PKR) |
---|---|---|---|
Petrol | 289.41 | 293.94 | +4.53 |
High Speed Diesel (HSD) | 282.24 | 290.38 | +8.14 |
Kerosene Oil | 191.02 | 188.83 | -2.19 |
Light Diesel Oil (LDO) | 164.64 | 163.53 | -1.11 |
Check Today Petrol Price In Pakistan 2024 Per Litre
Diesel oil will retail for Rs 290.38 per liter, while kerosene will be priced at Rs 267.34 per liter. Petroleum prices will remain unchanged until 15 April, 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 Jan 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.