In a welcomed turn of events for Pakistani consumers, a substantial reduction in petrol prices is on the horizon. Following the scheduled review on September 15, petrol and high-speed diesel (HSD) prices are expected to decrease by 10-11 rupees per liter, effective from September 16. This development is attributed to a recent decline in international oil prices, which have dropped by approximately 5 dollars per barrel.
The anticipated reduction is contingent upon the stability of the petroleum levy, exchange rates, and current tax rates. Media reports suggest that this price drop will reflect the international trend if there are no alterations in the domestic tax structure or petroleum levies. Previously, on September 1, the government had already reduced petrol and HSD prices by 1.86 rupees and 3.32 rupees per liter, respectively, for the initial two weeks of the month.
Should the expected 10-rupee per liter decrease be realized, petrol prices in Pakistan will adjust to 249.10 rupees per liter, while HSD prices will settle at 252.75 rupees per liter from September 16. This significant reduction will likely bring relief to consumers and reflect ongoing global oil market shifts.
 prices are expected to decrease by 10-11 rupees per liter, effective from September 16. This development is attributed to a recent decline in international oil prices, which have dropped by approximately 5 dollars per barrel.){kind=link}