Petrol prices are expected to decrease on June 1, according to sources familiar with the development. The price of petrol
SAR TO PKR and other currency rates in Pakistan– 29 May 2024 and diesel may drop by approximately Rs6.50 to Rs7.50 per liter.
This follows a previous 15-day period where prices dropped by $8.7 and $4.3 per barrel. Currently, petrol is priced at Rs 273.10 per liter, and diesel is Rs 274.08 per liter. However, the value of the rupee against the US dollar has decreased by 10 paisas in the same period, slightly affecting the potential savings.The global market price of diesel has also dropped by $2.10 per barrel, while the benchmark import premium paid by Pakistan State Oil remains at $6.50 per barrel.
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