The latest Petrol price in Pakistan today is PKR 289 per liter. The price of petrol on this page is available on daily basis to keep you well aware. In Pakistan because of the instability of the US Dollar petrol price keeps changing. Mostly on monthly basis, OGRA suggests price revisions. The oil and Gas Regularity Authority (OGRA) is responsible for the prices of petroleum products in Pakistan.

The current petrol price in Pakistan is Rs. 289 per litre. The government has been trying to keep the prices in check, but the rising cost of crude oil and other factors have made it difficult to do so.

Petrol Price in Pakistan Today May 3, 2024:

Petrol	Rate per liter
Super / Premium	PKR 289
Hi Octane (OGRA is not responsible for HOBC prices)	PKR 300 to 350

The price last revised on 1st May 2024.

Check Also: Diesel price in Pakistan today

Prices may vary from province or city to city because of transportation charges. Prices of petrol in major cities of Pakistan are most likely the same. Pump stations in Punjab, Sindh, KPK, and Balochistan have to sell the Petroleum Fuel supply companies like PSO, Shell, Total, GO, Byco, Hascol, Attock, etc. are bound to maintain the rate set by the government. At petrol pumps, fuel is available at the same rates.

Petrol prices in Pakistan have been on the rise for the past few years, and the situation is only getting worse. The government has been trying to control the prices, but the rising cost of crude oil and other factors have made it difficult to keep the prices in check. In this article, we will discuss the current petrol prices in Pakistan, the factors that influence them, and the measures that the government is taking to control them.

Check Also: Kerosene Oil Price

Latest News about Petrol Prices May 2024:

ISLAMABAD: The government has reduced the prices of petroleum products by 8 rupees 74 paise, a notification has also been issued.

According to the details, the Prime Minister approved the reduction in the prices of petroleum products for the next fifteen days. According to which, for the next fifteen days, the price of petrol has been reduced by 5 rupees 45 paise per liter and the price of diesel by 8 rupees 42 paise per liter has been approved.

After the recent reduction, the price of petrol per liter will reach Rs 288 49 paise while the price of high speed diesel will reach Rs 281 96 paise.
Similarly, the price of kerosene has been reduced by 8 rupees 74 paise per liter and that of light diesel by 5 rupees 63 paise per litre.

The new prices will be applicable from 12:00 PM till 12:00 PM on May 15.

Officials say that the price of kerosene and light diesel oil has also been reduced, but due to deregulation, the Ministry of Finance has not announced and issued a notification, but kerosene has been reduced by 8 rupees 74 paise per liter and light diesel. 5 has been reduced by Rs. 63 paise per litre.

Construction materials like Cement, Steel bar, etc also increase with the hike in petroleum prices.

Petrol prices in Pakistan have been on the rise for the past few years, and the situation is only getting worse. The government has been trying to control the prices, but the rising cost of crude oil and other factors have made it difficult to keep the prices in check. The government has taken several measures to control petrol prices, such as imposing taxes and price caps, and reducing the cost of refining. Lower petrol prices have several benefits for the people of Pakistan, but they can also have some disadvantages.

FAQs about Petrol Rate:

What is the per liter petrol price in Pakistan?

Ans: per liter, petrol price is Rs. 289.62

What is the forecast for the petrol price for next month?

Ans: it may decrease depending on fluctuation in the rate of the US Dollar and international fuel prices per barrel.

Who is responsible for fuel price revisions in Pakistan?

Ans: The oil and Gas Regularity Authority (OGRA) prepares the summary and presents it to the prime minister of Pakistan for approval.

What was the highest petrol price recorded in Pakistan?

Ans: Rs. 331.36 per liter in October 2023.