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Petrol Price in Pakistan likely to drop from May 16; Check expected rates here

Petrol Price: In another sigh of relief for those suffering from inflation, petrol and high-speed diesel prices are expected to come down by Rs 10-15 per liter from May 16 for the next fortnight.

Sources aware of the developments said that due to low prices in the global oil market, fuel prices in Pakistan will see further decline.

Currently, Brent crude is at $82 after a decline of 1.25 percent and WTI crude is around $77.39.

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Petrol Price


Petrol Price in Pakistan

POLs Price
Petrol Rs288.49
Diesel Rs281.96

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Petrol Price in Pakistan from May 16

POLs Price
Petrol Rs273.10
Diesel Rs274.08

Petrol price in Pakistan reduced for May 2024

Last month, the government of Pakistan hiked the price of petrol per liter by Rs. 5.45 and diesel by 8.42 per litre. The rupee has remained steady against the US dollar, averaging around Rs 278.

The final prices after the next update will depend on global market trends and exchange rates, the new prices will be announced on May 15, 2024.

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