As global oil prices continue to decline, Pakistan is expected to witness a reduction in petroleum prices. All eyes are on the government’s upcoming announcement regarding new fuel prices, which will take effect from October 1, 2024.
Possible Reduction in Petrol and Diesel Prices
According to reliable sources, the price of petrol may see a decrease of 1 rupee per liter, while diesel could see a more significant cut of 3 rupees per liter. This change comes as a result of the falling crude oil prices in the international market.
Petrol Price May Remain Unchanged
Though a reduction is expected, there is also a possibility that the petrol price could remain the same. The final decision will be made by the Finance Minister in consultation with the Prime Minister, with the official announcement set to take place tonight, Sunday, September 30th, 2024.
What to Expect Tonight
The new prices for petrol and diesel will be officially introduced later tonight, and will be applicable from midnight, marking the start of October. This reduction could offer some relief to consumers already burdened by inflation and high living costs.
Stay tuned for the latest updates as the final prices will be revealed soon.
