Petrol and HSD rates fall from November 13
Petrol price today in Pakistan is Rs332 per litre after a cut of Rs3, and high-speed diesel (HSD) has been reduced by Rs4 to Rs360 per litre. The new rates start from November 13, giving consumers slight relief at fuel stations. The regulator said petrol's retail rate has moved from Rs335 to Rs332 and HSD's from Rs364 to Rs360.
The regulator attributed the adjustments to global developments, along with changes in Platts pricing, premiums and incidental costs. Platts is a global price-reporting service, and its assessments feed into how fuel is priced. International benchmark petrol prices fell to USD 91.64 per barrel from USD 93.55, although the premium including freight rose by USD 28.76 per barrel. The HSD benchmark declined to USD 94.16 per barrel from USD 96.33, which is the main reason the diesel cut is larger than the petrol cut.
Refinery prices and fixed charges
Ex-refinery prices, meaning the cost of fuel as it leaves the refinery before levies and margins are added, also came down. Petrol's ex-refinery price fell to Rs237.31 per litre from Rs240.65, while HSD's dropped to Rs252.08 from Rs255.88.
Government levies and fixed profit margins were left unchanged for both fuels. Each carries a Petroleum Levy of Rs80 per litre, which is a government charge on fuel, and a Climate Support Levy of Rs5 per litre. Dealers receive a profit margin of Rs9.98 per litre and oil marketing companies Rs7.87 per litre. The Inland Freight Equalisation Margin (IFEM), a fixed amount meant to cover inland transport, stands at Rs8.17 per litre for petrol and Rs5.10 per litre for HSD. Because these charges are fixed per litre, they stay the same even as the global price movements described above change.
What to check at the pump
The figures in this report are the rates the regulator announced, so readers should confirm the price displayed at their own station before filling up. Because the cut applies per litre, its effect on a full tank depends on how much fuel is bought. The rates above are a useful benchmark for checking the bill at the pump. Motorcycle riders and drivers of diesel vehicles should expect a modest saving on each fill-up, and regular buyers may find it useful to track the rate over several weeks.
Aasan alfaaz mein
Petrol ki qeemat Rs3 fi litre kam ho kar Rs332 ho gayi hai, aur HSD Rs4 sasta hokar Rs360 fi litre ho gaya hai. Yeh kami 13 November se lagu hogi. Wajah aalmi tail ki qeemat mein tabdeeli aur kuch dusre kharche bataye gaye hain. Motorcycle aur gaari chalane walon ke liye yeh thodi si rahat hai.
