Petrol Price Forecast Rs.13 Decline Starting December 16th

Petrol Price Forecast: Rs.13 Decline Starting December 16th

Last Updated on: 13th December 2023, 08:59 am

Amidst a global decline in oil prices, the interim federal government is anticipated to alleviate the burden on the general public in Pakistan during the upcoming bi-weekly assessment of petrol and diesel prices.

According to reports, there has been a notable decrease of $5.49 per barrel in international petrol prices. It is expected that the Pakistani government will respond by reducing the petrol price by Rs13 per liter.

As of now, the prevailing petrol price is Rs281.34 per liter, while diesel is being retailed at Rs289.79 per liter.

Also Read: Breaking News: Expected Petrol Price in Pakistan 1 December 2023

Reports indicate that the revised rate for petrol per liter would be set at Rs268.34, with the new price for diesel per liter being Rs274.79. This adjustment reflects the government’s response to the downward trend in global oil prices, aiming to pass on the benefit to the consumers in Pakistan.

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