In May 2024, there’s anticipation for a decrease in prices of petrol, diesel, and other petroleum products, offering relief to those impacted by inflation.
This potential reduction is eagerly awaited by Pakistanis and could signify the first price drop in recent months.
The expected decline in petrol prices is tied to changes in global oil prices, with international fuel rates dropping by $4.3 and $1.86 per barrel. It’s anticipated that this decrease will lead to a domestic price reduction of Rs7.85 and Rs3.75 for petrol and diesel, respectively.
Expected Petrol Price from 1st May 2024 .
Petrol is anticipated to decrease by Rs7 per litre, and diesel prices are expected to drop by approximately Rs4 per litre.
| Fuel Type | Expected Price |
| Petrol | Rs286.09 |
| High-Speed Diesel | Rs286.63 |