- New gasoline price specified in Rs256.13 per liter.
- The high -speed diesel price was reduced by RS4 per liter.
- Prices of kerosene, light oil oil were also reduced.
The federal government has announced a decrease in RE1 per liter for the next fortnight, from February 16, 2025, according to a recent dive on global fuel markets.
According to a notice issued by the Department of Finance on Saturday, the new gasoline price will be RS256.13 per liter, from RS257.13.
Similarly, the price of diesel diesel (HSD) has been reduced by RS267.95 to 263.95 after a decrease in RS4 per liter.
“The oil and gas regulatory authority (OGRA) has reviewed and adapted consumer prices for oil products in view of recent fluctuations in the international oil market,” the notification said.
Meanwhile, the prices of other oil products have also been reduced.
The new price of kerosene oil will be RS171.65, below Rs3.20 from Rs174.85 per liter. Similarly, the price of light oil was reduced by Rs5.25 from Rs161.06 to RS155.81 per liter.
| Promotion | Existing price | New price | Increase/decrease |
| Petrol | 257.13 | 256.13 | -1.00 |
| High speed diesel | 267.95 | 263.95 | -4.00 |
| Kerosene oil | 174.85 | 171.65 | -3.20 |
| Light oil | 161.06 | 155.81 | -5.25 |
Oil prices in global markets settled lower in the prospects for a peace agreement between Russia and Ukraine that could reduce global offering disorders, resulting in sanctions against Moscow, but losses were limited by delayed US prices. .
According to analysts, global oil demand increased to 103.4 million barrels per day (BPD) of 1.4 million BPDs from the previous year.
Petrol is mainly used in private transport, small vehicles, rickshaws and two wheels. The highest prices of fuel significantly affect the budgets of the members of the middle and lower middle waist members, who consume mainly gasoline for movement.
On the other hand, a significant part of the transport sector is based on high -speed diesel.
Its price is considered inflationary, as it is mainly used in heavy goods transport vehicles, trucks, buses, trains and agricultural machinery such as tractors, pipe wells and threshers. High -speed diesel consumption contributes to the increased prices of vegetables and other foodstuffs.
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