The price of MS petrol is likely to stay the same this week, driven by low global demand and stable import premiums.
High-Speed Diesel (HSD) may experience a Rs. 3.62 per liter increase over the next two weeks.
Read More: Oil Edges Up in Light Trading as Investors Eye China and US Economic Data
This prediction is based on mixed trends in the global oil market, where the premium on MS was recorded at $8.69 per barrel. During the same period, the Pakistani rupee remained stable at around 278.
As a result, the price of HSD in Pakistan is expected to rise to Rs. 259 per liter, while MS prices are anticipated to remain at Rs. 252.1 per liter.
In the previous two-week period, the government kept the price of petrol steady at Rs. 252.1, while reducing the price of diesel by Rs. 3.05 per liter to Rs. 255.38.