ISLAMABAD – The federal government is expected to announce a slight increase in petrol prices for the first fortnight of October 2024, contrary to earlier reports suggesting a drop in petroleum prices.
Key Points:
- Expected Changes:
- Petrol price may rise by 11 paisas per litre.
- High-speed diesel (HSD) prices are anticipated to decrease by Rs2.11 per litre.
- Announcement Timing: The new petroleum prices will be revealed next week after receiving approval from Prime Minister Shehbaz Sharif.
- Recent Price Changes:
- In the last review, the government reduced petrol prices by Rs10, setting the new price at Rs249.10 per litre.
- The price of high-speed diesel was decreased by Rs13.06, now priced at Rs249.69 per litre.
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Current Fuel Prices:
- Petrol: Rs249.10
- High-Speed Diesel: Rs249.69
- Light Diesel Oil: Rs141.93
- Kerosene Oil: Rs158.47
- Additional Cuts:
- Light diesel oil prices fell by Rs12.12, now at Rs141.93.
- Kerosene oil prices were cut by Rs11.15, now priced at Rs158.47, as per the Finance Division’s notification.
This potential adjustment comes amidst fluctuating trends in fuel prices and inflation rates in the country.
