The petroleum prices in Pakistan were reduced, which is applicable from October 1, 2024, as announced and a notification issued by the government of Pakistan to offer relief to the public. This step has been taken due to the decrease in oil prices in the global market and the improvement of the country’s economy. This petroleum price reduction will provide relief to the public and will reduce inflationary pressures.
The table below lists the Comparison of Old & New Prices for Petroleum products;
|
Petroleum Type |
Old Price | New Price |
Difference in PKR |
| Petrol |
PKR 249.10 |
PKR 247.03 |
-2.07 |
| High Speed Diesel (HSD) |
PKR 249.69 |
PKR 246.29 |
-3.40 |
| Light Diesel Oil (LDO) |
PKR 154.05 |
PKR 141.93 |
-12.12 |
| Kerosene Oil |
PKR 169.62 |
PKR 158.47 |
-11.15 |
The latest petroleum prices can be further checked with official details from the OGRA website.
This will not only reduce the cost of public transport but also the prices of various commodities, which are likely to come down, which will affect and may reduce the prices of groceries and other household items.
The people are happy with the government’s decision to reduce petroleum prices in the public interest and expressed hope that petroleum products will continue to fall.
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