Islamabad: the prices of petroleum products should drop considerably for the next fifteen from Sunday (February 16, 2025), because the authorities calculated a decrease ranging from RS2.49 to Rs9.11 per liter, The news.
The price of gasoline should decrease by RS2.49 per liter, while the price of high -speed diesel (HSD) can decrease by RS9.11 per liter, according to official sources and industry.
“The fundamental principles of the international oil market remain strong. Recent statements by US President Donald Trump regarding the increase in hydrocarbon exploration and production in the United States, as well as his telephone conversation with Vladimir Putin concerning a peaceful resolution in the Russian-Ukrraine War, have sent positive signals to the market, leading to a drop in oil prices, “said sources.
With the expected reduction of RS2.49 per liter, the new petrol price can settle at Rs254.64 per liter, down from RS257.13 current per liter.
Likewise, the price of diesel should go to Rs288.84 per liter from RS297.95 per liter, reflecting a drop in RS9.11 per liter.