Petrol Price in Pakistan

Current month petrol price in Pakistan is for premium is Rs. 106, High speed diesel rate is Rs. 110.24, Light speed diesel Rs. 71.81 and Kerosene oil rate is Rs. 73.65. As per Government of Pakistan policy petrol price in Pakistan is revised twice in a month.

Petroleum Products Price
Premium 106/Ltr
High Speed Diesel 110.24/Ltr
Light Speed Diesel 71.81/Ltr
Kerosene Oil 73.65/Ltr

The petrol price in Pakistan is reviewed after every 15 days. The current petrol price in Pakistan is effective from December 16, 2020. The petrol rate in Pakistan applies on all cities irrespective of cities or regions. Here you can check the rate for all petroleum products in Pakistan including high octane, kerosene oil, Euro 5, light speed diesel, and high speed diesel.

The word petroleum is the combination of two different words “petra” which means rock and “oleum” means “oil”. However, the petroleum in raw from is extracted from land or sea through the technique of distillation. The petroleum itself is just composed of crude oil but in the raw form it may possess different types of solid, liquid, and gaseous hydrocarbons.

History of Petroleum

In 347 AD, China became the first country to produce and utilize the petroleum. The first commercial of Canada became operational in 1858. However, at the beginning of 20th century, Russia became the leading producer of petroleum products. Now, most of the oil in our world is produced by three countries that are Unites States, Russia and Saudi Arabia. However, 80% of oil reserves are present in Middle East, where majority of the providers are Qatar, Iraq, Kuwait, Saudi Arabia and United Arab Emirates.

What are different types of fuels?

Several types of fuels are available in the market such as:

  • Butane
  • Diesel
  • Gasoline
  • Jet Fuel
  • Kerosene
  • Liquefied Petroleum Gas (LPG)
  • Petrol Rate in Pakistan 2021

    In Pakistan, OGRA or Oil and Gas Regulatory Authority is the sole authority to regulate the prices in the whole country. The petrol price in Pakistan 2020 faced both ups and downs. As rates are updated after every 15 days, it is expected that the petrol price in Pakistan 2021 will be higher than this year. On the other side, there are also several factors that influence the rate. The economic conditions, globally transformation in oil and gas and political instability significantly affect prices.

Comments on Petroleum Prices
Petrol price in Pakistan is still above Rs 100. Hopefully, it will come down in recent days.
By: Nusrat on Mon 30 Nov, 2020
Petrol price in Pakistan is still high as compare to global rates due to the imposed taxes and duties.
By: Yasir on Fri 06 Nov, 2020
not priz bond manshan
By: zia on Sat 17 Oct, 2020
Please correct the desil rate
By: Naveed on Mon 05 Oct, 2020
When decrease petrol price... this petrol prices not affordable for some peoples
By: jahangir on Fri 02 Oct, 2020

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