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Thursday, November 28, 2024

Home Business Pakistan petrol prices to change for December 2024

Pakistan petrol prices to change for December 2024

by Our Correspondent
November 28, 2024
in Business, Featured

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ISLAMABAD – The federal government is likely to change the petrol and diesel prices in Pakistan in upcoming fortnightly review for December 2024.

The government will announce the revision in petroleum prices on November 30 night while the new rates will come into effect from December 1 to 15.

Reports suggest that the Oil and Gas Regulatory Authority (OGRA) is expected to recommend an increase in petrol prices for next month as global prices have witnessed upward trend in recent days.

Expected Increase in Petrol Prices

As per reports, the government is expected to revise up the petrol prices by Rs10 to Rs15 per litre for the first fortnight of December 2024 in line with rise in global prices.

The final decision about the increase in petrol prices will be made the the federal government after reviewing the various factors including available stock, revenue generations and international prices.