Diesel & Petrol Price in Pakistan Today
| Petroleum Product | Price (PKR per liter) | Description |
|---|---|---|
| Petrol (Gasoline) | 268.36 | Commonly used fuel for vehicles, known for its efficiency. |
| High-Speed Diesel (HSD) | 270.22 | Used in heavy transport and agricultural machinery, has higher energy content. |
| Light Diesel Oil (LDO) | 166.86 | Utilized in specific industrial applications and older diesel engines. |
| Kerosene | 186.86 | Used for cooking and heating in remote areas, as well as in lamps and stoves. |
Current Petroleum Prices in Pakistan
Pakistan’s petroleum prices are subject to frequent changes based on various global and local economic factors. Here is the most recent update on the prices of different petroleum products in Pakistan:
Petrol Price in Pakistan (Gasoline)
- Price: PKR 268.36 per liter
- Description: Petrol is the most commonly used fuel for vehicles in Pakistan. It is favored for its efficiency and suitability for a variety of engines.
High-Speed Diesel Price in Pakistan (HSD)
- Price: PKR 270.22 per liter
- Description: High-Speed Diesel is primarily used in heavy transport vehicles and agricultural machinery. It is known for its higher energy content compared to petrol.
Light Diesel Oil Price in Pakistan (LDO)
- Price: PKR 166.86 per liter
- Description: Light Diesel Oil is used in certain industrial applications and older diesel engines. It is less commonly used than HSD but remains an important fuel for specific needs.
Kerosene Price in Pakistan
- Price: PKR 186.86 per liter
- Description: Kerosene is often used in remote areas for cooking and heating purposes. It is also used in certain lamps and stoves.
Factors Influencing Petroleum Prices
Petroleum prices in Pakistan are influenced by several key factors:
- International Crude Oil Prices: The global price of crude oil significantly impacts local fuel prices. Any fluctuation in the international market is reflected in Pakistan’s fuel prices.
- Exchange Rates: The value of the Pakistani Rupee against the US Dollar affects the cost of imported crude oil.
- Government Policies: Taxes and subsidies imposed by the government play a crucial role in determining the final retail price of petroleum products.
- Logistics and Distribution Costs: The costs associated with transporting and distributing fuel across the country also contribute to the retail price.
Government’s Role in Price Determination
The government periodically reviews and sets the prices of petroleum products. This is done through the Oil and Gas Regulatory Authority (OGRA), which takes into account the aforementioned factors to adjust prices accordingly. The government may also provide subsidies to stabilize prices for consumers.
Importance of Staying Updated
Given the frequent changes in petroleum prices, it is essential for consumers and businesses to stay informed about the latest rates. This helps in budgeting and planning, especially for those heavily reliant on fuel for their operations.
