Expected Petrol Prices in Pakistan After February 15, 2024

ISLAMABAD – The federal government will alter petrol and diesel fees in keeping with global developments in the bi-weekly evaluate on Feb 15. As anxiety in the Middle East escalates, worldwide oil costs have risen, potentially impacting petroleum fees in Pakistan.

Meanwhile, Pakistan’s Feb eight elections led to PTI-supported applicants leading in National Assembly constituencies, as in step with the preliminary outcomes introduced by way of the Election Commission of Pakistan (ECP).

The manner to form national and provincial governments will start after the authentic election effects are declared.

Read also: PTI-Backed IND Candidates lead in National Assembly

It is expected that the interim government will announce revised petroleum product prices for the latter half of February 2024, given the time required for the new government formation.

Expected Fuel Prices in Pakistan:

The authorities are predicted to increase fuel and diesel prices from Feb 16 as international oil prices have seen uptick.

Pakistan’s Current petrol and diesel prices:

Current Petrol and Diesel Prices in Pakistan: Presently petrol is priced at Rs272.89 per liter, even as diesel is being bought at Rs276.21 consistent with liter.

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