Petrol ( Fuel ) Price in Pakistan – September 2022

Many people expected that petroleum prices would decrease as a result of the lower price of oil on the global market. Unfortunately, despite reports that OGRA wanted to lower fuel costs, they have been raised. It appears that an agreement between the government and the IMF resulted in an increase in the petroleum levy.

The government has decided to impose a monthly fee on all petroleum products of Rs. 5 per litre until it reaches Rs. 50 per litre in order to restart the delayed IMF loan programme. This indicates that even if fuel prices continue to decline on the global market, this one issue could prevent the government from giving the people the relief they need (which we have seen this month).

The new prices are as follows:

Petrol Price in Pakistan Today

It is important to note that around the midpoint of August 2022, the price of oil fell internationally. As a result, a lot of people anticipated that the government would lower Pakistan’s fuel prices. The scenario is now different, unfortunately, since the government has launched yet another gasoline bomb on the people despite the national emergency. It is also important to note that the UAE has lowered fuel prices as of September, benefiting its inhabitants.

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What to Expect in the Coming Days and Months?

Here is the current petroleum levy (PL)/Litre on the four petroleum products:

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