Slight fluctuations in petroleum product prices are likely

Slight fluctuations in petroleum product prices are likely

During the last 15 days, the prices of petroleum products in the world market did not decrease much

The possibility of a slight change in the prices of petroleum products in the country has been revealed. According to media reports, during the last 15 days, the prices of petroleum products in the world market did not decrease much, due to which there is a possibility of minor changes in the prices of petroleum products for January 1 to January 15.

It has been reported that for the next 15 days, petrol and kerosene prices are expected to decrease by more than one rupee from January 1, while the prices of high-speed diesel and light diesel may increase by two rupees. It is being told that in the year 2023, an increase of 116 rupees 58 paisa was recorded in the prices of petroleum products in the country, despite the decrease in the value of the rupee against the dollar in 2023, due to the increase in the levy under the IMF conditions and The increase in crude oil prices in the global market is the reason for the increase in the prices of petroleum products in Pakistan.

According to the report, the prices of petroleum products increased by 116 rupees 58 paise this year, during this period, the levy on petroleum products was increased by 30 rupees per litre, diesel by 30 rupees and the levy on petrol by 10 rupees per litre. 60 per litre of diesel and petrol is levied at the rate of Rs.60 per litre. While the prices of petrol and diesel reached the highest level in the country's history on September 16, when the price of petrol per litre reached the highest of Rs. 64, 4 paise and diesel by Rs. 52, 99 paise per litre.

At the beginning of 2023, the price of petrol per liter was 214 rupees 80 paisa and the price of diesel was 227 rupees 80 paisa per liter. At the beginning of the year 2023, one dollar was worth 226 rupees, which became 282 rupees 53 paisa in December. A dollar also went above 300 rupees.