New Prices of Petroleum Products in Pakistan for May 1-15, 2024
- Petrol: Rs 288.49 per litre (decrease by Rs 5.45)
- High-Speed Diesel: Rs 281.96 per litre (decrease by Rs 8.42)
ISLAMABAD, Pakistan: The Finance Division has announced the new prices of petroleum products in Pakistan for the next fortnight from May 01 to May 15, 2024.
While announcing the decision late on Tuesday night, the finance division said that the petrol price has been deceased by Rs 5.45, and now its new price will be Rs 288.49 per litre whereas the price of per litre High-Speed Diesel (HSD) will be Rs 281.96 after a decrease of Rs 8.42.
“The prices of petroleum products have seen a decreasing trend in the international market during the last fortnight. The Oil & Gas Regulatory Authority (OGRA) has worked out the consumer prices, based on the price variations in the international market. The prices of Motor Spirit & HSD for the next fortnight, starting from 1st May, 2024, are accordingly being lowered,” read the notification issued by the Finance Division.
The revised prices will come into effect at midnight from May 01, 2024.
The below are revised prices of petroleum products (per litre);
Product | Existing Prices (April 16-30, 2024) | New Prices (For May 1-15, 2024) | Increase/(-)Decrease |
MS (Petrol) | Rs 293.94 | Rs 288.49 | – Rs 5.45 |
High-Speed Diesel | Rs 290.38 | Rs 281.96 | – Rs 8.42 |