Pakistanis are likely to face another setback, with petrol and diesel prices expected to rise by Rs10-12 per litre in the second half of October 2024.
Sources linked the anticipated price hike to a surge in global oil prices and an increase in the profits of Oil Marketing Companies (OMCs).
Petrol Price in Pakistan
Given the latest conditions, petrol prices could increase by Rs4-5 per litre, while high-speed diesel may see a rise of Rs10-12 per litre.
| Products | Expected Rates |
|---|---|
| Petrol | Rs250-252 |
| Diesel (HSD) | Rs256-258 |
Although crude oil prices surged in the international market in recent weeks, they have recently dropped amid unrest in the Middle East.