A significant reduction in petrol and diesel prices is expected in Pakistan over the next fifteen due to a drop in world oil prices and a drop in petrol import bonus, Express News said on Wednesday.
Sources indicate that petrol prices could decrease up to Rs3.5 per liter, while high -speed diesel could drop from RS7 per liter.
These price adjustments comply with variations in international oil prices, which have dropped by about $ 1.5 a barrel for petrol and $ 3 per barrel for diesel in the past two weeks.
Currently, the ex-petrol prix rises to Rs 252.63 per liter. The final price adjustment will be confirmed on May 15, 2025, when the official calculations based on current tax rates will be carried out.
The reduction in fuel prices occurs while the global market has shown signs of relaxation, lowering import bonuses and international crude prices.
