Petrol Price in Pakistan Reduced by Rs 5.66 per Litre

The Government of Pakistan has announced a major relief for citizens as the Prime Minister approved a reduction in the prices of petroleum products, effective immediately. According to official sources, this decision follows a consistent downward trend in international oil prices and the government’s commitment to providing economic relief to the public.

As per the new rates, petrol price in Pakistan has been reduced by Rs 5.66 per litre, bringing the new cost to Rs 263.02 per litre. This reduction is expected to ease transportation costs, benefiting both private vehicle owners and the logistics sector.

Similarly, the price of high-speed diesel (HSD) has been reduced by Rs 1.39 per litre, setting the new price at Rs 275.42 per litre. Diesel is widely used in commercial vehicles, agricultural machinery, and the transport of goods, so the price cut is likely to have a positive ripple effect on market prices and the overall cost of living.

The price of kerosene oil—a key fuel source for cooking and heating in rural areas—has also been decreased by Rs 3.26 per litre, now costing Rs 181.71 per litre. This measure aims to assist low-income households and small businesses that depend on kerosene for daily use.

Experts suggest that the latest price adjustment reflects a combination of favorable global oil market trends and the Pakistani rupee’s relative stability against the U.S. dollar. The government’s proactive approach is seen as part of its broader effort to control inflation and support economic recovery.

The revised prices will remain in effect for the next fortnight, after which the Oil and Gas Regulatory Authority (OGRA) will review the rates based on international price fluctuations.

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