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What would be the new petrol worth in Pakistan on December 16?

by Pakistan Latest News Update

Pakistan is making ready to announce new petrol and diesel costs for the upcoming fortnight, set to be efficient from December 16th till January 1st.

It’s extremely anticipated that the federal government will unveil the adjusted petrol and diesel costs on Friday, December 15. The brand new petrol and diesel charges are anticipated to take impact after 12 am on Saturday, December 16.
The present worth of petrol in Lahore, Rawalpindi, Islamabad, Sialkot, Gujranwala, Karachi, and nationwide is Rs281.34 per litre, which got here into impact on December 1.
It’s noteworthy that within the final fortnightly evaluate, the federal government stored the petrol worth unchanged.
Nevertheless, a discount of Rs7 was utilized to the worth of high-speed diesel (HSD), bringing it to the present fee of Rs289.71. Earlier than December 1, the HSD was priced at Rs296.71.
Current credible studies from Pakistan-based information shops recommend that the federal government could cut back the worth of petrol and diesel by as much as Rs15 per litre this week.
In response to these studies, the petrol worth may even see a lower of Rs13, whereas a extra substantial discount of Rs15 per litre is anticipated for diesel.
If these studies show correct, it might carry important reduction to the inflation-affected inhabitants, with the petrol worth dropping to Rs268.34 per litre and the diesel worth probably reaching Rs274.71 per litre.
Nevertheless, it’s essential to notice that these studies are speculative at this level, and such speculations could not at all times materialise.
The ultimate resolution concerning any discount or improve in petrol and diesel costs can be disclosed by the federal government via the Ministry of Finance or Petroleum Division shortly earlier than Saturday, December 16, or after 11 pm on Friday, December 15.

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