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Petrol prices are likely to drop from May 1 – Expected petrol price in Pakistan

Expected petrol prices in Pakistan

Diesel Price

Petrol prices are likely to drop from May 1 – Expected petrol price in Pakistan

Good news for Pakistani citizens. After touching a record high, petrol prices in Pakistan are likely to see a decline next month till the first fortnight of May 2024. The decision will be made on April 30.

The federal government is going to revise the prices of petroleum products, petrol, high speed diesel, light speed diesel and kerosene on April 30. The hope of reduction in petrol prices is being attributed to the reduction in oil prices at the international level.

Expected Petrol Price in Pakistan from May 2024

Petrol price is expected to decrease by Rs 7.85 to Rs 286.09 per litre. While the price of diesel will be reduced by Rs 3.75 to Rs 286.63 per litre.

Reports said diesel prices in the international market fell by $4.3 as it was not trading at $104.76 per barrel. While the price of petrol settled at 107.16 dollars per barrel with a decrease of 1.86 dollars per barrel.

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