Petrol Price in Pakistan has recently been set at Rs. 260.96 per liter, a figure that significantly impacts daily expenses. High Speed Diesel is currently priced at Rs. 266.70 per liter, while Light Speed Diesel stands at Rs. 166.86 per liter. These figures reflect the ongoing adjustments in the fuel market.
Understanding these prices is crucial for budgeting and planning, as they influence not only personal transport costs but also the overall economy. Keep in mind that fuel prices can fluctuate based on various factors, including international oil markets and local policy changes.
Petrol Price In Pakistan Today | Petroleum Rates
Monitoring the latest petrol prices in Pakistan provides insights into how fuel costs are evolving over time. These changes can impact various aspects of daily life and the broader economy, making it essential to stay updated.
| Petroleum | Old Rates | New Rates | Difference |
|---|---|---|---|
| Petrol | PKR 269.43 | PKR 260.96 | -8.47 |
| High Speed Diesel (HSD) | PKR 272.77 | PKR 266.70 | -6.07 |
| Light Diesel Oil (LDO) | PKR 166.86 | PKR 166.86 | – |
| Kerosene Oil | PKR 186.86 | PKR 186.86 | – |
Related Article: LPG Gas Rate in Pakistan Today
Factors Affecting the Rates of Petrol in Pakistan
Several factors influence petrol rates in Pakistan, creating a dynamic and often fluctuating market. From global trends to local policies, these variables play a crucial role in determining fuel prices.
- International Oil Prices: Changes in global crude oil prices affect local petrol costs.
- Government Taxes and Levies: Taxes and duties imposed by the government can alter fuel prices.
- Exchange Rates: Fluctuations in the Pakistani Rupee against major currencies impact import costs.
- Supply and Demand: Variations in supply and demand can lead to price adjustments.
- Local Production: The level of domestic oil production and refining capacity can influence prices.
- Geopolitical Events: Global political instability and conflicts can affect oil prices and supply chains.