The caretaker government in Pakistan has chosen to keep the petrol prices unchanged for the upcoming fortnight, spanning from January 1, 2024, to January 15, 2024. The decision entails maintaining the prices of petrol and high-speed diesel (HSD) at their current levels, while a slight reduction has been applied to the prices of kerosene oil and light diesel oil (LDO).
As per the official announcement, the petrol price will be retained at Rs. 267.34 per litre, and the price of High-Speed Diesel (HSD) will remain steady at Rs. 276.21 per litre.
Meanwhile, there is a reduction in the prices of kerosene and light diesel oil (LDO) by Rs. 2.19 per litre and Rs. 1.11 per litre, respectively. This adjustment brings the new prices for kerosene and LDO to Rs. 188.83 per litre and Rs. 163.53 per litre, respectively.
Petrol Prices in Pakistan From 1 January 2024
| PRODUCT | OLD PRICE (PKR) | NEW PRICE (PKR) | CHANGE (PKR) |
|---|---|---|---|
| Petrol | 267.34 | 267.34 | 0.00 |
| High Speed Diesel (HSD) | 276.21 | 276.21 | 0.00 |
| Kerosene Oil | 191.02 | 188.83 | -2.19 |
| Light Diesel Oil (LDO) | 164.64 | 163.53 | -1.11 |
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The latest diesel and petrol prices in Pakistan, effective from January 1, 2024, for the remainder of the month, have been announced.
Earlier reports suggested a potential reduction in the price of petrol by almost Rs. 2.00 per litre, with a similar reduction expected for High-Speed Diesel (HSD), providing further relief to the inflation-burdened population.
In the last fortnight’s review, the caretaker Federal Government had already reduced the petrol price by Rs. 14.00 per litre and slashed the High-Speed Diesel (HSD) price by Rs. 13.50 per litre, bringing the prices to Rs. 267.34 per litre and Rs. 276.21 per litre, respectively.
