The government is likely to maintain the price of petrol from October 1, 2024 as the price will only slightly increase by Rs0.11 per litre.
Meanwhile, the price of High-Speed Diesel (HSD) is estimated to decrease by Rs2.11 per litre starting from October 1, 2024.
The government, however, may make slight adjustments in the next fortnight, beginning from October 16, 2024.
A final announcement will be made by the finance minister on September 30.
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Current price of petrol:
Currently, the petrol is priced at Rs 249.10 per litre, high-speed diesel at Rs 249.69 per litre.
Previously, the prices of petrol were decreased by Rs10 per litre owing to a drop in fuel rates in the international market during the past fortnight.
Meanwhile in the international market, crude oil prices fell over 3 per cent on Thursday.
These global oil price shifts are directly linked to the recent reduction in Pakistan’s fuel prices, with potential for further relief at the pump if crude prices continue to decline.