ISLAMABAD – The federal government is anticipated to lower petrol and diesel prices for the first fortnight of August 2024, following a decline in international oil rates.
The revised prices are set to be announced tonight and will come into effect from August 1, 2024.
Reports suggest that petrol prices could decrease by up to Rs5.50 per litre, while diesel prices might drop by up to Rs11 per litre. This adjustment follows significant price hikes in recent reviews.
Current Petrol Prices in Pakistan (July 2024):
- Petrol: Rs275.60 per litre
- Diesel: Rs283.63 per litre
Expected Petrol and Diesel Prices for August 2024:
- Petrol: Rs275.10 per litre (down by Rs5.50)
- Diesel: Rs271.63 per litre (down by Rs11.00)
