Islamabad, September 24, 2024 — In a welcome development for consumers, petrol and diesel prices in Pakistan are anticipated to decrease again starting October 1.
Government sources indicate that the expected drop comes in response to a recent decline in global oil prices and favorable exchange rates. Analysts suggest that this reduction could help alleviate some of the financial pressure on households and businesses, particularly as the country heads into the winter months.
The Ministry of Finance is set to review the current pricing structure and announce the new rates by the end of the month. This potential decrease follows a series of adjustments made over the past few months, aimed at stabilizing fuel prices amid fluctuating global markets.
Consumers and transport operators alike are hopeful that this decrease will provide some relief, especially as inflation continues to impact everyday expenses. Further details will be provided in the upcoming government announcement.
