PSO Petrol Price in Pakistan Today Fuel Product

PSO Petrol Price in Pakistan Today Fuel Products consistently grabs our attention is the fluctuating price of petrol. pso petrol price in Pakistan, the State Oil Company, commonly known as PSO, plays a pivotal role in determining these prices. PSO, as the leading oil company in Pakistan, holds a significant position in the energy sector. Established in 1976, the company has been a key player in the distribution and marketing of petroleum products.

PSO Petrol Price in Pakistan Today Fuel Product

In a world where the price of fuel can significantly impact daily life, understanding the dynamics of PSO petrol prices in Pakistan becomes crucial. PSO petrol prices in Pakistan are more than just numbers on a board. They reflect the intricate dance between global market forces, local economic conditions, and the strategies adopted by PSO. Navigating this complex terrain requires a blend of awareness, adaptability, and informed decision-making.

The prices of petroleum products are expected to increase by Rs.10 from July. The price of petrol is likely to increase by Rs 7.54 per liter and the price of high-speed diesel by Rs 9.84 per litre, the main reason for this is the increase in prices in the global market. If the liter petroleum levy is added, then the price of motor spirit is likely to increase by Rs 12.58 and the price of diesel by Rs 14.84 per litre.

pso petrol price in Pakistan today live

During the last 15 days, the prices of petrol and diesel in the global market have increased by 4.4 and 5.5 dollars per barrel, respectively. The Federal Government has announced to increase the petroleum levy from the current 60 rupees per liter to 80 rupees in the federal budget of FY25. However, the government will periodically impose a petroleum levy of Rs.20 per liter.

today petrol price in Pakistan 2024 PSO

Currently, petrol is available at Rs 258.16 per liter and diesel at Rs 267.89 per litre. If the government imposes a petroleum development levy above the existing Rs 60 per liter with the start of the new financial year, the prices may increase further. In the Finance Bill 2024, the government has increased the maximum limit of petroleum levy to Rs 80 per liter to collect Rs 12.80 billion against the expected Rs 960 billion during the fiscal year 2024, which is Rs 869 billion. It is about 91 billion rupees more than the budget target.

Fahad Munir

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