Pakistan

Petrol prices to drop after recent hike in Pakistan from August 1

Published by
Staff Reporter

ISLAMABAD: The federal government is anticipated to lower petrol and diesel prices in Pakistan for the first half of August 2024 due to a drop in international rates. The revised prices will be announced tonight and will come into effect on August 1, 2024.

Reports indicate that petroleum prices in Pakistan are expected to decrease by up to Rs11 per liter, following significant increases in the previous two reviews.

Current Petrol Price in Pakistan for July 2024:

Fuel type    prices

Petrol                         Rs 275.60

Diesel                         Rs 283.63

According to recent reports, petroleum prices in Pakistan may drop by up to Rs11 per liter, following substantial increases in the last two price reviews. If approved, the new petrol price in Pakistan would be Rs275.10 while the diesel price would be Rs271.63 in Pakistan from August 1, 2024.

Staff Reporter

Recent Posts

Govt proposes new industrial power tariff, seeks IMF approval

ISLAMABAD: The government has proposed a major restructuring of industrial electricity tariffs and shared the…

1 minute ago

Mehwish Hayat Zombeid BTS Reveals Challenges Behind Horror Film

Pakistani actress Mehwish Hayat has offered an exclusive sneak peek into her upcoming horror-comedy film…

16 minutes ago

Karachi Holiday on June 8 for Abdullah Shah Ghazi Urs

KARACHI: A local holiday has been declared in Karachi on June 8 on the occasion…

27 minutes ago

Latest Irani Riyal rates in Pakistan – June 4, 2026

KARACHI: The Iranian Rial continues to face significant challenges internationally due to sanctions and economic conditions. It…

32 minutes ago

Latest Gold Rate in Pakistan – June 4, 2026

KARACHI: A significant decline has been recorded in the price of gold in bullion markets across…

45 minutes ago

Pakistan’s timely policy may shield it from proposed U.S. additional tariffs

ISLAMABAD (Rizwan Abassi): Pakistan’s recent trade policy has gained significance amid reports that the United…

14 hours ago