Discover the latest updates on petrol price in Pakistan today and stay informed about fuel rates across the country. Get real-time information on petrol price in Pakistan today, along with historical trends and detailed insights into factors influencing fuel prices. Stay updated with current rates of petrol, fuel price fluctuations, and comprehensive analysis of petroleum prices in Pakistan.
Petrol Price in Pakistan Today
As of today, the current petrol price in Pakistan today stands at PKR 247.03 per liter. The rates of other fuels are also updated regularly to reflect the most recent changes. Below is a detailed breakdown of the latest prices:
| Fuel Type | Old Price | New Price | Difference |
|---|---|---|---|
| Petrol | PKR 249.10 | PKR 247.03 | -2.07 |
| High Speed Diesel (HSD) | PKR 249.69 | PKR 246.29 | -3.40 |
| Light Diesel Oil (LDO) | PKR 154.05 | PKR 141.93 | -12.12 |
| Kerosene Oil | PKR 169.62 | PKR 158.47 | -11.15 |
Historical Petrol Price Trends in Pakistan:
Detailed Breakdown of Petrol Pricing
Understanding petrol prices in Pakistan involves several key factors. Here’s a concise breakdown:
Global Oil Prices
Petrol prices in Pakistan are significantly influenced by global oil market trends. As crude oil prices fluctuate due to international events, market demand, or supply disruptions, these changes are reflected in local petrol prices.
Local Taxes and Levies
Excise Duty: A major component of the petrol price set by the government.
Sales Tax: General Sales Tax (GST) adds to the cost.
Petroleum Development Levy (PDL): A levy that funds various government projects.
Government Policies and Subsidies
The Oil & Gas Regulatory Authority (OGRA) regulates petrol prices. Government subsidies or policy adjustments can lead to periodic changes in the price at the pump.
Import Duties and Transportation Costs
Import duties on crude oil and transportation costs from refineries impact the final price. Changes in these factors can affect retail prices.
Market Dynamics
Supply and Demand: Seasonal changes and economic conditions influence demand and prices.
Exchange Rates: Fluctuations in the rupee-to-dollar exchange rate affect petrol costs due to oil trading in US dollars.
Summary
Petrol prices in Pakistan are determined by a mix of global oil prices, local taxes, government policies, and market conditions. For up-to-date information and detailed analysis, visit our website or check OGRA’s official updates.
FAQ Section:
How much does 1 liter of petrol cost in Pakistan?
1 liter of petrol costs PKR 247.03 in Pakistan.
Why is the petrol rate high in Pakistan?
Petrol rates in Pakistan are high due to global oil price fluctuations, local taxes, and import costs. Government policies also impact prices.
How often does petrol price change in Pakistan?
Petrol prices in Pakistan are typically reviewed and updated monthly by the Oil & Gas Regulatory Authority (OGRA). However, changes can occur more frequently based on global oil market trends and government decisions.
What is the highest petrol price in Pakistan history?
The highest petrol price in Pakistan’s history reached PKR 331.38 per liter.