ISLAMABAD – Pakistani government will announce new petrol, and diesel rates for the next fortnight amid price adjustments in the international market.
Amid rumours of a fifth price cut, sources claimed the federal government is likely to maintain the current price of petrol while possibly implementing a slight drop in the ex-depot price of high-speed diesel.
For the next two weeks, petrol is expected to remain at Rs249.10 per litre, as the existing rates of the petroleum levy (PL) and general sales tax (GST) on fuel products are expected to stay unchanged.
In global market, petrol premium rate hovers around $8.768 per barrel, with diesel premium at $5 per barrel, and there are no major changes to the exchange rate.
From October 1, diesel rates are expected to move down to Rs247.58 per litre while Kerosene oil prices might drop by Rs3.23, from Rs158.47 to Rs155.24 per litre.
The Finance Division has not commented on the matter, and the new prices will be announce after final meeting today on Monday.
