New Petrol Prices in Pakistan from 16 September 2024 will be announced on today 15 September 2024 at Night. The cost of petrol has been decreased by Rs. 10 per liter, bringing it down to Rs. 249.1, while high-speed diesel has seen a reduction of Rs. 13.6 per liter, now priced at Rs. 249.15. These new rates will take effect on September 16. This decrease in petroleum product prices is attributed to the ongoing decline in global oil prices.
New Petrol Prices in Pakistan from 16 September 2024
New Petrol Prices in Pakistan from 16 September 2024 will be announced on 16 September 2024.In the last two weeks, global oil prices have fallen to under $70 per barrel. Concurrently, the Pakistani Rupee has stabilized at 278 against the US dollar. It is important to note that during the previous biweekly review of fuel prices, the government decreased the petrol price by Rs. 1.86 per liter and lowered the high-speed diesel price by Rs. 3.32 per liter. Prior to today, petrol and diesel prices had already seen reductions of Rs. 16.50 per liter and Rs. 20.88 per liter, respectively, across the last three adjustments.
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Current Petrol Rates in Pakistan 2024
| Product | Ex-Depot Rates |
| Petrol | Rs259.1 |
| Diesel | Rs262.75 |
Expected Petrol Rates in Pakistan From Sept 16
| Product | Ex-Depot Rates |
| Petrol | Around Rs247.1 |
| Diesel | Rs250.75 |
Between September 1 and September 14, international crude oil prices decreased by Rs8 to Rs12. The cost of crude oil in the global market, which was $90 per barrel in April 2024, has now declined to around $70 per barrel in September, representing the lowest price observed in the past six months.
