Anticipated Petrol Price in Pakistan Effective January 1, 2024
The petrol price is anticipated to decrease at the beginning of January 2024, influenced by the shift in international oil prices observed since the last bi-weekly assessment. Informed sources suggest that the price of petrol is expected to decrease by approximately Rs1.72 per litre for the first half of the upcoming month, marking the third consecutive decline in recent months.
Conversely, Diesel is projected to experience an increase of around Rs1-Rs1.30 per litre.
Amidst the economic challenges faced by crisis-hit Pakistan, a further reduction in fuel prices may assist the government in stabilizing the costs of other essential commodities, including food.
The interim government is slated to announce the revised fuel prices on December 31, 2023.
Anticipated Petrol Price in Pakistan for January 2024 Fuel Type Price Petrol Rs265.62 Diesel Rs277
With these anticipated adjustments, the new petrol price in Pakistan is expected to be set at Rs265.62 per litre, while the diesel price is estimated to be Rs277.21 per litre.