Despite a 3% decrease in international oil prices, petrol prices in Pakistan are expected to rise from March 1.
According to sources, the price of petrol may increase by approximately Rs. 4 per liter, while the prices of high-speed diesel (HSD) and kerosene oil may decrease by Rs. 1 per liter.
The estimated increase in petrol prices is attributed to slight fluctuations in international rates and a depreciation of the exchange rate against the dollar. The benchmark Brent crude prices have remained relatively stable over the past 10 days.
Currently, the ex-depot price of petrol is Rs. 256.13 per liter, while the high-speed diesel price is Rs. 263.95 per liter.
