
A worker holds a fuel nozzle to fills fuel in a car at petrol station in Karachi, on September 16, 2023. — Reuters
The Pakistan Muslim League-Nawaz-led government on Friday announced that the price of petrol for the next fortnight will remain unchanged.
The price of high-speed diesel (HSD) has also remained unchanged, according to the official notification released by the Finance Division.
"The Oil & Gas Regulatory Authority has worked out the prices of petroleum products for the next fortnight based on the price trends in the international market during the last two weeks. It has accordingly been decided that the prices of the petroleum products would remain unchanged during the next fortnight," the statement issued by the Finance Division read.
Products | Existing price w.e.f 01.11.2024 | New price w.e.f 16.11.2024 | Increase/Decrease |
High Speed Diesel (HSD) | 255.14 | 255.14 | +0.00 |
MS (Petrol) | 248.38 | 248.38 | +0.00 |
Kerosene oil | 161.54 | 161.54 | +0.00 |
Light diesel oil | 147.51 | 147.51 | +0.00 |
The prices of petroleum products are updated every 15 days in Pakistan adjusting them to the trend of global oil prices and the rupee’s exchange rate to the dollar.