Hi-Speed Diesel Price In Pakistan Today On 21-11-2024 Is 274.8 PKR per Litre as per the official notification issued by Oil And Gas Regulatory Authority (OGRA) on 16th May, 2024 for the next 15 days.
Currently Hi-Speed diesel price in Pakistan refers to how much it costs to buy a liter of Hi-Speed diesel fuel right now. Hi-Speed Diesel is a type of fuel used in many vehicles and machines such as trucks, buses and generators. Knowing the current price of Hi-Speed diesel helps people plan their expenses for transportation and other activities that use diesel. It is important to stay updated on diesel prices as they can change regularly due to factors like global oil prices and government policies.
Prices w.e.f 16-May-2024
| Product Name | New Price/Ltr | Old Price/Ltr | Difference |
|---|---|---|---|
| Hi-Speed Diesel | Rs.274.8/Ltr | Rs.281.96/Ltr | -7.88 |
Hi-Speed Diesel Price History In Pakistan:
Explore the historical journey of Hi-Speed diesel prices in Pakistan with our comprehensive record. Explore fluctuations, understand trends, and gain insight into the dynamic nature of Hi-Speed diesel prices over time. Stay informed and track the evolution of diesel prices to make informed decisions about your fuel costs.
| Date | Price/Ltr In PKR |
|---|---|
| 16 May, 2024 (Current) | Rs.274.8/Ltr |
| 16 April, 2024 | Rs.290.38/Ltr |
| 1 April, 2024 | Rs.282.84/Ltr |
| March 16, 2024 | Rs.285.56/Ltr |
| March 1, 2024 | Rs.287.33/Ltr |
| February 16, 2024 | Rs.287.33/Ltr |
| February 1, 2024 | Rs.278.96/Ltr |
| January 16, 2024 | Rs.276.21/Ltr |
| January 1, 2024 | Rs.276.21/Ltr |
| December 16, 2023 | Rs.289.71/Ltr |
| December 1, 2023 | Rs.296.71/Ltr |
Frequently Asked Questions (FAQs):
- Q: How does the global crude oil market impact Hi-Speed diesel prices in Pakistan?
- A: Fluctuations in the global crude oil market directly influence diesel prices in Pakistan, as the country relies on imported crude oil for diesel production.
- Q: What role do government subsidies play in stabilizing Hi-Speed diesel prices?
- A: Government subsidies can help stabilize diesel prices by offsetting the impact of fluctuations in global oil prices, ensuring affordable fuel for consumers. But currently Government of Pakistan is not offering any subsidy on Diesel Price In Pakistan.
- Q: Are there any seasonal trends or patterns in Hi-Speed diesel prices in Pakistan?
- A: Yes, diesel prices may exhibit seasonal variations influenced by factors such as changes in demand, weather conditions, and agricultural activities.
- Q: How do Hi-Speed diesel prices impact the transportation sector and the economy in Pakistan?
- A: Diesel prices significantly impact the transportation sector and the economy by affecting operating costs for businesses, influencing inflation rates, and shaping consumer spending patterns.
- Q: What measures can consumers take to minimize the impact of rising diesel prices?
- A: Consumers can minimize the impact of rising diesel prices by adopting fuel-efficient driving practices, maintaining vehicles regularly, and exploring alternative transportation options.
- Q: How do diesel prices in Pakistan compare to those in other South Asian countries?
- A: Diesel prices may vary between Pakistan and other South Asian countries due to differences in taxation policies, transportation costs, and government subsidies.
- Q: How do changes in government taxation policies affect diesel prices for consumers?
- A: Changes in government taxation policies can directly impact diesel prices for consumers by either increasing or decreasing the final retail price of diesel fuel.
- Q: What are the long-term trends and projections for diesel prices in Pakistan?
- A: Long-term trends and projections for diesel prices in Pakistan are influenced by factors such as global energy policies, technological advancements, and shifts in consumer preferences towards alternative fuels.
- Q: How transparent is the process of setting Hi-Speed diesel prices in Pakistan?
- A: The process of setting diesel prices in Pakistan involves various stakeholders, including government regulatory bodies, oil companies, and industry experts, with the aim of ensuring transparency and fair pricing mechanisms.
- Q: Where can businesses and consumers find reliable information about diesel prices and market trends in Pakistan?
- A: Businesses and consumers can access reliable information about diesel prices and market trends in Pakistan through official government publications, industry reports, and reputable financial news sources.