Latest Petrol Price in Pakistan Today February 16, 2024

Rimsha Arif
Petrol Price in Pakistan
Petrol Price

The price of petrol and high-speed diesel (HSD) has been expanded and reached PKR 275.62 for petrol and it is 287.33 when it comes to diesel. The petrol price in Pakistan has increased by Rs 2.73 per liter. Conversely, we witnessed a huge rise of Rs 8.37 per liter for diesel. This hike has been reported by the interim administration in Pakistan for the forthcoming two-week period commencing from February 16, 2024, until February 29, 2024. 

Here is the table presenting the latest and old petrol and diesel prices across Pakistan.

POLs

Old Price

New Price

Price Difference

Petrol Rate in Pakistan PKR 272.89 PKR 275.62
  • PKR 2.73
Diesel Rate in Pakistan PKR 278.96 PKR 287.33
  • PKR 8.37

The prominent reason for this substantial rise in fuel prices is due to the critical situation in the Red Sea as per the official news. Houthi forces are striking and confining the movement of petroleum tankers and other ships which eventually lead to an upsurge in petrol and diesel rates.

The petrol and diesel prices also boosted at the start of February. There was an increase in the petrol Price in Pakistan as of Rs 12.55 per liter and Rs 2.75 per liter in diesel rate. This happens due to the ongoing stress in the Middle East.

However, if you desire to stay updated with the latest prices of petrol and diesel in Pakistan, keep following our website. At The Wallet, we strive to equip you with the latest and most accurate information.

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Hi, I’m Rimsha Arif, a content writer who shares real-time price updates and useful market information. I understand how important clear and accurate information is, especially in a country where prices change every day. Whether you're buying, selling, or just trying to stay informed, my goal is to make things easier and more reliable for you. Thank you for trusting my content and being part of this journey.