{"id":59166,"date":"2024-12-14T23:57:56","date_gmt":"2024-12-14T18:57:56","guid":{"rendered":"https:\/\/dailyausaf.com\/en\/?p=59166"},"modified":"2024-12-14T23:57:56","modified_gmt":"2024-12-14T18:57:56","slug":"new-petrol-price-update-in-pakistan-for-december-16","status":"publish","type":"post","link":"https:\/\/dailyausaf.com\/en\/business\/new-petrol-price-update-in-pakistan-for-december-16\/","title":{"rendered":"New petrol price update in Pakistan for December 16"},"content":{"rendered":"<p>KARACHI: The government is expected to announce the new<a href=\"https:\/\/dailyausaf.com\/en\/business\/expected-petrol-diesel-prices-in-pakistan-from-december-16\/\"> petrol and diesel prices<\/a> for the last half of December 2024. According to sources, the prices are likely to see a minor change, with petrol expected to go slightly up and diesel to decrease by around Rs4 per liter since December 16.<\/p>\n<p>This is primarily owing to the variation in <a href=\"https:\/\/dailyausaf.com\/en\/business\/oil-and-ghee-prices-increase-massively-check-latest-rates-here\/\">international oil prices<\/a> in the last few days and the enforcement of an Inland Freight Equalization Margin.<\/p>\n<p>Reports suggest that the petrol price is around Rs253 per liter, and the diesel may go down to roughly Rs254.5 per liter. The global oil market has experienced fluctuations recently; the premium for petrol has decreased to $8.84 a barrel.<\/p>\n<p>This will change consumption trends and help the government in realizing its petroleum levy target.<\/p>\n<p>The government&#8217;s petroleum levy target has increased sharply to Rs110 billion in November, which is a 19% increase from the previous fiscal year.<\/p>\n<p>The revision in petrol and diesel prices could affect the government&#8217;s ability to attain it. With the setting of the new prices now anticipated, all eyes will be on the announcement, which is bound to have a far-reaching effect on the country&#8217;s economy and, indeed, the daily lives of the populace.<\/p>\n<h2><a href=\"https:\/\/dailyausaf.com\/en\/business\/petroleum-minister-refutes-reports-about-discounted-crude-oil-deal-with-russia\/\">Expected Petrol Price from December 16<\/a><\/h2>\n<table style=\"height: 111px;\" border=\"1\" width=\"446\" cellspacing=\"0\" cellpadding=\"1\">\n<tbody>\n<tr>\n<th scope=\"col\">POLs<\/th>\n<th scope=\"col\">Expected Rates<\/th>\n<\/tr>\n<tr>\n<td>Super<\/td>\n<td>254-255<\/td>\n<\/tr>\n<tr>\n<td>Diesel<\/td>\n<td>260-261<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>KARACHI: The government is expected to announce the new petrol and diesel prices for the last half of December 2024. According to sources, the prices are likely to see a minor change, with petrol expected to go slightly up and diesel to decrease by around Rs4 per liter since December 16. This is primarily owing [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":41461,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[24810,17000,24006],"class_list":["post-59166","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-expected-petrol-price-from-december-16","tag-new-petrol-price-in-pakistan","tag-petrol-price-update"],"_links":{"self":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/59166","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/comments?post=59166"}],"version-history":[{"count":2,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/59166\/revisions"}],"predecessor-version":[{"id":59168,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/59166\/revisions\/59168"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media\/41461"}],"wp:attachment":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media?parent=59166"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/categories?post=59166"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/tags?post=59166"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}