The interim government is expected to raise petroleum product prices starting from February 1, 2024, for the first half of the month. Petrol prices may increase by Rs7.85 per litre, and high-speed diesel (HSD) prices may go up by Rs2.06 per litre.
The ex-refinery price of MS petrol has risen from Rs187.74 to Rs269.94 per litre, and the ex-refinery price of diesel has increased from Rs201.79 to Rs282.77 per litre in Pakistan.
The expected increase in petrol price is Rs7.85 per litre and HSD by Rs2.06 with exchange rate gains adjustment. Kerosene prices may decrease. The government currently charges Rs60 per litre as a petroleum development levy (PDL) on petrol and HSD.
Additionally, consumers pay various margins on petrol and HSD. In the previous fortnight, the government reduced the petrol price by Rs8 per litre to Rs259.3, while the diesel rate remained at Rs276.21 per litre.
Kerosene oil and light diesel oil rates were reduced by Rs1.97 and Rs0.92 per litre, respectively, in the latest revision.
The ex-refinery price of MS petrol has risen from Rs187.74 to Rs269.94 per litre, and the ex-refinery price of diesel has increased from Rs201.79 to Rs282.77 per litre in Pakistan.
The expected increase in petrol price is Rs7.85 per litre and HSD by Rs2.06 with exchange rate gains adjustment. Kerosene prices may decrease. The government currently charges Rs60 per litre as a petroleum development levy (PDL) on petrol and HSD.
Additionally, consumers pay various margins on petrol and HSD. In the previous fortnight, the government reduced the petrol price by Rs8 per litre to Rs259.3, while the diesel rate remained at Rs276.21 per litre.
Kerosene oil and light diesel oil rates were reduced by Rs1.97 and Rs0.92 per litre, respectively, in the latest revision.