The second half of January 2024 is predicted to see a slight decrease in the price of gasoline and diesel, mostly as a result of changes in the price of crude oil globally.
Pakistanis are hoping for some economic relief, and starting on January 16, consumers can anticipate a brief decrease in petrol costs.
Following periods of instability, Pakistan is starting to show indications of increased activity and a reduction in outside pressures. As a result, petrol prices in Pakistan are expected to remain relatively stable.
According to reports, the country's petrol prices may drop by about Rs5–6 per liter in light of the aforementioned causes.
The current crisis in the Middle East may have an impact on crude prices, which precipitated a sharp decline last week. The people of Pakistan, who have been adversely affected by inflation, are anxiously awaiting the government's decision and are hoping for a substantial price reduction to alleviate their financial difficulties.
The public, who are suffering from Pakistan's consistently high fuel and diesel prices, is eagerly awaiting the government's decision in December 2024 in the hopes of a significant decrease to ease financial burdens. The final decision will be made in a meeting chaired by interim prime minister Anwaar Kakar.
The price of petrol is Rs 267.34 in the first half of January 2024, while the price of diesel is Rs 276.21. POLs Price Petrol Rs 267.34 Diesel Rs 276.21