Pakistan reduces prices of petroleum products for the fortnight

Pakistan government on Friday revised prices of petroleum products for the next fortnight. The adjustment comes in response to recent fluctuations in the international oil market.

According to a press release from the finance division, the new prices for the next fortnight will see a decrease across all major petroleum products.

High-Speed Diesel (HSD) will now cost PKR 258.64 per liter, down by PKR 5.31 from the previous rate of PKR 263.95.

The price of MS (Petrol) has been reduced by PKR 0.50, settling at PKR 255.63 per liter.

Superior kerosene oil will be available at PKR 168.12 per liter, a decrease of PKR 3.53, while light diesel oil will cost PKR 153.34 per liter, down by PKR 2.47.

The government regularly reviews and adjusts petroleum prices to reflect changes in the global oil market, aiming to balance consumer impact with economic stability.