The government is likely to keep fuel prices the same in January 2024. Not much has changed in the exchange rate or global oil prices recently. There’s a small chance prices might move a bit, but it’s more expected they’ll stay as they are.
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Last time, in mid-December, petrol dropped by Rs. 14 per litre and high-speed diesel by Rs. 13.50 per litre. Kerosene and light diesel prices were also cut. This year, Pakistan has seen consistently high fuel prices, leading to a 16.19 percent decrease in petroleum imports from July to November, according to the Pakistan Bureau of Statistics.
