Petrol price in Pakistan have become an ongoing topic of controversy in recent years, determining millions of people’s everyday lives, dictating the economy, and even sparking public protests. A complex interplay of domestic fiscal policies, geopolitical circumstances, and global oil market patterns drives these price changes.
Because Pakistan imports a lot of petroleum, the price of crude oil on a worldwide scale has a big impact on local gasoline prices. Geopolitical tensions, decisions made by major oil-producing nations, and shifts in the dynamics of global supply and demand are among the factors that influence these prices.
Petrol Price in Pakistan Today
Today petrol prices in Pakistan or petroleum in Pakistan is given below table.
| Name of Product | New Price in PKR | Old Price in PKR | Difference in PKR |
| Petrol | Rs 247.03 | Rs 249.10 | -2.07 |
Diesel Price in Pakistan
Diesel price in Pakistan today or petroleum rates in Pakistan is given below:
| Name of Product | New Price in PKR | Old Price in PKR | Difference in PKR |
| High Speed Diesel (HSD) | Rs 246.29 | Rs 249.69 | -3.40 |
| Kerosene Oil (SKO) | Rs 158.47 | Rs 169.62 | -11.15 |
| Light Diesel | Rs 141.93 | Rs 154.05 | -12.12 |
History of Petrol Prices in Pakistan
Last three months history of petrol price in Pakistan is given below.
| Date | Petrol Prices (PKR) |
| October 01,2024 | Rs 247.03 |
| September 16,2024 | Rs 249.10 |
| September 01,2024 | Rs 259.10 |
| August 14, 2024 | Rs 260.96 |
| August 01, 2024 | Rs 269.43 |
| July 15, 2024 | Rs 277.60 |
| July 01, 2024 | Rs 265.61 |
Factors
Numerous national and international factors influence petrol price in Pakistan. Global crude oil prices, exchange rates, and government levies such as the GST and fuel levy are significant factors. Refinement, distribution, and transportation expenses are also high. Prices are significantly impacted by international trade regulations, government subsidies, and supply chain interruptions.
The intricacy of petrol price in Pakistan is further compounded by variations in demand, political and economic stability, alternative energy sources, and regulatory frameworks. Understanding these elements is essential for assessing and projecting trends in gas prices.
Conclusion
In conclusion, a complicated combination of national and international factors, such as government taxes, exchange rates, and the price of crude oil internationally, affect fuel prices in Pakistan. Significant roles are also played by supply chain interruptions, distribution, transportation, and refining expenses. Pricing is also influenced by trade regulations, demand variations, political stability, government subsidies, and regulatory frameworks. It is essential to comprehend these elements in order to make reliable predictions about future trends in Pakistani gas prices.
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FAQs
What is Petrol ?
Petrol, sometimes known as gasoline, is a fuel made from petroleum that is used in internal combustion engines. It is volatile and has a high energy content. Nevertheless, it increases greenhouse gas emissions and air pollution.
What is Diesel ?
Diesel, which is produced from crude oil and is well-known for its efficiency, drives the engines in trucks, buses, and industrial equipment. However, it also releases particulate matter and nitrogen oxides into the air.
Petroleum Rates in Pakistan ?
Petroleum in Pakistan may be used for different purposes and price may be change for everyone like High Speed Diesel (HSD) price is PKR 242.29, Kerosene Oil (SKO) PKR 169.62, Light Diesel PKR 154.05 & Petrol PKR 247.03.
What is the Petrol Price in Pakistan ?
The petrol price in Pakistan is PKR 247.03.
