{"id":65404,"date":"2025-02-13T23:05:05","date_gmt":"2025-02-13T18:05:05","guid":{"rendered":"https:\/\/dailyausaf.com\/en\/?p=65404"},"modified":"2025-02-13T23:05:05","modified_gmt":"2025-02-13T18:05:05","slug":"petrol-diesel-prices-expected-to-decrease-from-february-16","status":"publish","type":"post","link":"https:\/\/dailyausaf.com\/en\/business\/petrol-diesel-prices-expected-to-decrease-from-february-16\/","title":{"rendered":"Petrol, diesel prices expected to decrease from February 16"},"content":{"rendered":"<p>ISLAMABAD: According to sources, <a href=\"https:\/\/dailyausaf.com\/en\/featured\/govt-increases-petrol-prices-in-pakistan\/\">Petrol and diesel rates<\/a> are expected to decrease from February 16, 2025, with a possible reduction of Rs2-3 per liter for the second half of this month.<\/p>\n<p>This reduction comes as a welcome relief ahead of the <a href=\"https:\/\/dailyausaf.com\/en\/pakistan\/punjab-okays-rs30b-ramadan-package-recruitment-of-6000-constables\/\">Holy Month of Ramadan<\/a>, attributed to decreasing international oil prices. Reports suggest that petrol may be priced at Rs255, while diesel could settle around Rs265 per liter.<\/p>\n<p>The federal government is contemplating passing along this benefit to consumers, with the final determination resting with the Prime Minister following OGRA&#8217;s recommendations. New prices are expected to be revealed late Saturday.<\/p>\n<h2><a href=\"https:\/\/dailyausaf.com\/en\/business\/expected-petrol-prices-in-pakistan-from-february-2025\/\">Current Petrol Price in Pakistan<\/a><\/h2>\n<table style=\"height: 97px;\" width=\"500\">\n<thead>\n<tr>\n<th>Product<\/th>\n<th>Price<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Super<\/td>\n<td>257.13<\/td>\n<\/tr>\n<tr>\n<td>Diesel<\/td>\n<td>267.95<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>This adjustment in pricing can be linked to fluctuations in the global oil market alongside the application of the Inland Freight Equalization Margin (IFEM).<\/p>\n<p>Oil values have dropped over 1% due to prospects of peace negotiations between Russia and Ukraine and an increase in US crude inventories. Consequently, Brent crude has decreased by 1.4%, reaching $74.14 per barrel, while WTI has fallen by 1.5% to $70.33 per barrel.<\/p>\n<p>Market perceptions have shifted from concerns over supply shortages to expectations of sufficient supply levels; this includes a modest rise in Russian crude production. Such developments come as particularly positive news after Pakistan&#8217;s government recently raised petrol costs by Rs1 per liter and diesel by Rs7 per liter for early February 2025 amidst soaring global oil rates.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD: According to sources, Petrol and diesel rates are expected to decrease from February 16, 2025, with a possible reduction of Rs2-3 per liter for the second half of this month. This reduction comes as a welcome relief ahead of the Holy Month of Ramadan, attributed to decreasing international oil prices. Reports suggest that petrol [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":37328,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[26499,26500,12685],"class_list":["post-65404","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-diesel-prices-in-pakistan","tag-petrol-prices-expected-to-decrease","tag-petrol-prices-in-pakistan"],"_links":{"self":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/65404","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=65404"}],"version-history":[{"count":1,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/65404\/revisions"}],"predecessor-version":[{"id":65405,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/65404\/revisions\/65405"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media\/37328"}],"wp:attachment":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media?parent=65404"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/categories?post=65404"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/tags?post=65404"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}