It’s expected that the cost of petrol will decrease by approximately Rs35 per litre starting on October 16, 2023, in line with global oil price fluctuations.
This potential reduction would bring the petrol price down to around Rs285 per litre, down from the current rate of Rs323.38.
Likewise, high-speed diesel (HSD) might also see a decrease of about Rs16 per litre, lowering it to Rs30 per litre for the next two weeks. However, the final decision is in the hands of the interim government.
On October 1, Pakistan had previously reduced the petrol price by Rs8 per litre after two months of price increases, setting it at Rs323.38 per litre.
At the same time, the price of high-speed diesel (HSD) had also decreased by Rs11 per litre, bringing it to Rs318.18, while Kerosene oil prices were reduced by Rs7.53 per litre, lowering it to Rs237.28.
