Islamabad: It is estimated that the prices of all oil derived products decrease by RS2.50 to RS9 per liter on Saturday for the next fortnight, which end on February 28, due to the impact of the lowest international prices.
The informed sources said it was estimated that the Ex-Depot gasoline price decreased by RS2-2.50 per liter, depending on the final calculation on February 15, while high-speed diesel (HSD) may fall into approximately RS9. It is estimated that chest and light diesel prices fall in approximately RS3.45 to RS5 per liter.
Estimates of the highest prices of oil derived products come from a decrease in the international market.
The reference Brent prices decreased by $ 2 per barrel last fortnight. These sources said that HSD’s average prices decreased by around $ 3 per barrel in the international market, while those of gasoline fell into approximately 90 cents per barrel the last fortnight. The exhroseno and Ldo refinery cost also fell. The import premium on gasoline fell at $ 1 $ 7.75 per barrel from $ 8.8, while remained unchanged in diesel.
As a result, the last calculation as of February 29 showed around RS9 per liter of decrease in the HSD rate, RS2.50 per liter in gasoline, RS3.50 per liter in querosene and approximately RS5 per liter in Ldo.
The Ex-Depot gasoline price is currently RS257.13 per liter, while HSD is RS267.95 per liter. The official Kerosene rate is RS174.85 per liter, but it is sold to RS300-350 per liter.
Gasoline is mainly used in private transport, small vehicles, Rickshaws and two -wheeled vehicles, and directly affects the budget of the middle and lower classes.
The majority of the transport sector works with HSD. Its price is considered inflationary, since it is mainly used in heavy transport vehicles, trains and agricultural motors such as trucks, buses, tractors, wells and tubes trillators, and in particular it adds to the prices of vegetables and other grocery.
Posted in Dawn, February 15, 2025
