Beginning on October 1, 2024, petrol and diesel prices in Pakistan are anticipated to decrease as the government contemplates providing assistance to the public after a notable drop in worldwide oil prices.
According to those with knowledge of the situation, although talks are taking place, the precise amounts for the impending price increase have not yet been decided.
Right now, a liter of petrol costs about Rs249.10, while a litre of diesel costs about Rs249.69. The government’s efforts to lower inflation, which has recently dropped to single-digit levels, should be aided by the planned cuts.
The price of a barrel of Brent crude oil decreased by about $0.50 on a global scale, ending at roughly $72.27.
