Petroleum Prices in Pakistan, The federal government has announced that petroleum prices will stay unchanged for the next two weeks. This decision applies to both petrol and high-speed diesel (HSD), providing stability for consumers amid fluctuating global oil markets.
Current Petroleum Prices
- Petrol: Rs. 248.38 per liter
- High-Speed Diesel: Rs. 255.14 per liter
According to the Ministry of Finance, the Oil & Gas Regulatory Authority (OGRA) assessed international oil price trends over the past two weeks and recommended maintaining current rates. This follows the last fortnightly review, where petrol prices were increased by Rs. 1.35 per liter and diesel by Rs. 3.85 per liter.
Government’s Statement
The finance ministry stated, “The prices of petroleum products will remain unchanged during the next fortnight based on international market trends.”
Implications for Consumers
This decision offers short-term relief to consumers, particularly amid economic challenges and rising inflation. Stable prices may help control transportation costs and provide a measure of predictability for businesses and households.
| Fuel Type | Previous Price | Current Price | Change |
|---|---|---|---|
| Petrol | Rs. 248.38 | Rs. 248.38 | No Change |
| High-Speed Diesel | Rs. 255.14 | Rs. 255.14 | No Change |
This consistent pricing strategy reflects the government’s effort to balance economic pressures with consumer relief while monitoring global oil market trends.