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Today Petrol Price in Pakistan 24 February 2024

Petrol is a crucial part of daily life for many people in Pakistan, as it enables travel from one place to another. Understanding its price is essential for everyone. So, if you’re here to find out the Today Petrol Price in Pakistan for 2024, you’ve come to the right place.

Today Petrol Price in Pakistan 14 February 2024

The rise in high-speed diesel prices is linked to the ups and downs in global oil prices. If the government decides to increase the diesel price, it could go up from the current Rs278.96 per liter to Rs286.97 per liter, factoring in premium and exchange rate adjustments. High-speed diesel, widely used in transportation and agriculture, could negatively impact the public due to potential inflation caused by price hikes.

Petrol price in Pakistan jacked up by Rs2.73 per litre

products Existing price New price Increase/Decrease
Petrol Rs275.62 Rs275.62 +Rs2.73
High-Speed Diesel (HSD) Rs275.62 Rs287.33 +Rs8.37

Today’s Petrol Rate in Pakistan 23 February 2024

Pakistan State Oil (PSO) has set a $9.43 per barrel premium on petrol, down from $9.47 in the past fifteen days, and a $6.50 per barrel premium on High-Speed Diesel. The estimated exchange rate adjustment is 50 paise for petrol and Rs1.70 per liter for high-speed diesel.

Today’s Petrol Rate in Pakistan 23 February 2024

Petroleum TypeOld PriceNew PriceDifference
PetrolPKR 272.89PKR 275.62+2.73
High Speed Diesel (HSD)PKR 278.96PKR 287.33+8.37
Light Diesel Oil (LDO)PKR 166.86PKR 166.86-
Kerosene OilPKR 186.86PKR 186.86-

Different Kinds of Petroleum in Pakistan

Petroleum, also known as crude oil, is a liquid found under the Earth. It comes from old plants and animals breaking down over a long time. This oil is important and goes through processes in special factories. Here are some types of petroleum:

  1. Petrol (Super)
  2. High-speed diesel
  3. Light-speed diesel
  4. Kerosene
  5. Liquified petroleum gas (LPG)
  6. Compressed Natural gas (CNG)

Now, let’s talk about the prices of these types of petroleum.

Petrol (Super) Price in Pakistan:

This petrol is also called super and is good for engines. It is mainly used in bikes and cars. The price is PKR 275.62 in Pakistan.

High-Speed Diesel Price in Pakistan:

This diesel is for big vehicles and makes them powerful. The price is PKR 287.33, which is a bit higher by Rs 8.37.

Light-Speed Diesel Price in Pakistan:

This diesel is for medium-sized vehicles needing more power. The price is Rs. 166.86.

Kerosene Oil Price in Pakistan:

Kerosene is used in small machines. The price is PKR 186.86.

LPG Price in Pakistan:

LPG comes from imported gas and is used for vehicles and homes. The price is RS 254.86 per kg, starting from December 1, 2023.

Compressed Natural Gas (CNG):

CNG is a clean fuel made from natural gas. It’s cheaper than diesel.

High Octane Price in Pakistan:

This is one of the priciest petrol due to its quality and performance. The price varies at different petrol pumps.

Highest Petrol Rate in Pakistan:

The highest price was Rs 331.38 per liter in January 2023. It can go up when there’s high demand globally.

Euro Fuel Emission Standards in Pakistan:

Pakistan follows Euro V emission standards to make our vehicles work better and be eco-friendly. We skipped Euro III and IV and adopted Euro V in 2020. Many countries follow Euro VI since 2014 and might switch to Euro VII around 2025.

New Petrol Prices in Pakistan from 15 Feb 2024 Today

Today Petrol Rate in Pakistan 23 February Islamabad 2024

Similarly, the price of high-speed diesel has decreased by Rs 15 to Rs 303.19, as opposed to the previous rate of Rs 318.18. A summary detailing oil price changes is submitted to the Government of Pakistan on the 16th of each month, and the finalized decisions are implemented on the 1st of the subsequent month.

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