The Federal Government of Pakistan has updated the petrol prices in Pakistan for the next two weeks, from May 16 to May 31, 2023. The government has decreased the price of all petroleum products, including petrol, high-speed diesel (HSD), kerosene, and light diesel oil (LDO), for the first second half of May 2023, according to the information.
The price of petrol in Pakistan has been decreased by Rs. 12.00 per litre, while the price of high-speed diesel (HSD) has been dropped by Rs. 30.00 per litre, according to the release. Meanwhile, the price of kerosene and light diesel oil (LDO) has decreased by Rs. 12.00 per litre.
The price of petrol in Pakistan has been decreased to Rs. 270.00 per litre, while the price of high-speed diesel (HSD) has been dropped to Rs. 258.00 per litre, and the prices of kerosene oil and light diesel oil (LDO) have been reduced to Rs. 164.07 and Rs. 152.68 per litre, respectively.
Latest Petrol Prices in Pakistan 16 May 2023
| PRODUCT | OLD PRICE (PKR) | NEW PRICE (PKR) | CHANGE (PKR) |
|---|---|---|---|
| Petrol | 282.00 | 270.00 | -12.00 |
| High Speed Diesel (HSD) | 288.00 | 258.00 | -30.00 |
| Kerosene Oil | 176.07 | 164.07 | -12.00 |
| Light Diesel Oil (LDO) | 164.68 | 152.68 | -12.00 |
For the first half of the month, the latest diesel and petrol prices in Pakistan will go into effect at midnight on May 16, 2023.
“In light of the decreasing cost trend of petroleum products in the global marketplace, the Government decided to decrease the existing prices of petroleum products to pass on the advantages of the declining price trend of petroleum products in the global marketplace and provide maximum help to the masses,” the notification stated.
