New Petrol Prices in Pakistan from 16 May 2024

New Petrol Prices in Pakistan from 16 May 2024 is reduced by Rs15.39 per liter .The federal government lowered the price of petrol by Rs15.39 for May 2024, and the new rate stands at Rs273.10.The price of petrol and diesel was lowered on the recommendation of the Oil and Gas Regulatory Authority (OGRA). In a notification, the Finance Ministry said the price of petrol moved down by Rs15.39 to Rs273.10 a liter, while that of diesel dropped by Rs7.88 to Rs274.08 per liter.

New Petrol Prices in Pakistan from 16 May 2024

New Petrol Prices in Pakistan from 16 May 2024 is RS 273.10 Per Liter. In Islamabad, there is an expectation that petroleum prices in Pakistan might decrease again starting from May 16. This could happen because inflation has improved recently, especially since the government has become more stable. The government is working hard to assist the public, and if this happens, it would be the second time in a month that petrol prices have decreased. Even though the Oil and Gas Regulatory Authority (Ogra) hasn’t officially informed the Finance Division yet, early reports suggest that they might recommend lower petrol and diesel prices for the second part of May 2024.

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Petrol Price in Pakistan 16 May 2024