[vc_row][vc_column][vc_column_text dp_text_size=”size-4″]The caretaker federal government is anticipated to maintain the current petroleum prices during the initial half of January 2024.
The exchange rate has exhibited minimal fluctuations since December 15, and international oil prices have largely remained within a narrow range.
While there is a slight possibility of a marginal shift in prices, it is more probable that the prices will remain unchanged.
It is worth noting that in the most recent bi-weekly review of petroleum prices on December 15, the cost of petrol was reduced by Rs. 14 per liter, and high-speed diesel saw a cut of Rs. 13.50 per liter.
Also Read: What Will Be Upcoming Petrol Rates In Pakistan From January 1, 2024?
Additionally, the prices of kerosene and light diesel oil were decreased by Rs. 10.14 and Rs. 11.29 per liter, respectively.
Throughout much of the current fiscal year, petroleum prices in Pakistan have stayed elevated, with the petroleum group imports experiencing a negative growth of 16.19 percent during the initial five months (July-November) of FY24, as per data released by the Pakistan Bureau of Statistics (PBS).[/vc_column_text][/vc_column][/vc_row]
