During the weekend, Mr. Momin Agha announced that gasoline prices would remain unchanged for the next two weeks. 01 December to till 15 2023, petrol, HSD, LDO, and kerosene oil will remain unchanged. Check 1 litre petrol diesel price in Pakistan 2023 in this article.
Check Today Petrol Rate In Pakistan 2023
In Pakistan, the 1 litre petrol will remain at Rs. 281.34 per litter for the second half of DEC 2023, and the HSD price at Rs. 289.71 per litter. The premium rates for kerosene oil (KEO) and light diesel oil (LDO) will remain at Rs. 201.16 per liter and Rs. 175.93, respectively.
Prices Of Petrol In Pakistan As Of December 2023
There will be no change in Pakistan’s diesel and petrol prices for the next fortnight until 15 December 2023.
|PRODUCT||OLD PRICE (PKR)||NEW PRICE (PKR)||CHANGE (PKR)|
|High Speed Diesel (HSD)||296.71||289.71||-7.00|
|Light Diesel Oil (LDO)||180.45||175.93||-4.52|
Check Today Petrol Price In Pakistan 2023 Per Litre
Diesel oil will retail for Rs 289.71 per liter, while kerosene will be priced at Rs 201.16 per liter. Petroleum prices will remain unchanged until 15 December, 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.
Mitti Ka Tail Price In Pakistan Today 2023 Check
According to sources in the Petroleum Division, the government might decide not to raise petroleum prices despite the considerable depreciation in local currency.
Pakistan’s Petrol Price An Analysis Of Market
OPEC petroleum price has come down since DEC 2023. 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.