A significant reduction in petrol and diesel prices is expected in Pakistan over the next two weeks, following a drop in global oil market prices and a decrease in the import premium on petrol. Sources report that petrol prices could decrease by up to Rs3.5 per litre, while high-speed diesel may drop by Rs7 per litre.
The price adjustments align with a decline in international oil prices, with petrol dropping by around $1.5 per barrel and diesel by $3 per barrel over the past fortnight. Currently, the ex-depot price of petrol stands at Rs252.63 per litre, and the final price revision will be confirmed on May 15, 2025.
Also Read: Petrol Price in Pakistan Expected to Drop from May 1
This reduction in fuel prices comes as global oil markets ease, contributing to lower import premiums and a decrease in international crude prices.
