Latest petrol price in Pakistan

[PradoTLC]

Sir, what is the average daily wage
of a Bhatta mazdoor in sydeny?

no idea..

If these guys had daily fluctuating fuel prices + different fuel prices from pump to pump like Australia they would have had a heart attack by now!

It was 2$/Litre for 91 octane most basic/regular fuel a day or two ago.

it is high but there are plenty of other travel options.. alot of people are moving to hybrid cars to offset this....

i my self have booked a Rav 4 cruiser hybrid model with a 11 month waiting list

 

[jupiter2007]

https://twitter.com/x/status/561133228392607744

World is not standing still. World events impact economy especially developing countries. If the oil prices go up in the world market, it’s going to have the impact on Pakistani economy. Compare to other countries, Petrol is still cheaper in Pakistan.
If we don’t learn from our mistakes, we will continue to make the same mistakes.
Pakistan needs to move toward alternate fuel sources, bio-diesel, making diesel from Plastic waste, electric and water (already done by Israeli company).

PTI doesn’t have the luxury to give subsidy on oil/petrol. We need to introduce hybrid motorcycle.

 

[maithil]

If oil prices continue to hold this level,majority of new private vehicles will be electric. Here in India tye difference between electric and ICE version of same model has come down to 3-4 lakhs. This difference is bound to go down with more manufacturers prioritizing EVs.. Same will be the case in Pakistan as well.

 

[ghazi52]

 

[Wood]

Petrol Price in India will likely go higher after the UP elections. Pakistan's people are spoiled with cheap petrol.. relatively speaking

 

[Samar111]

View attachment 816261

Holy crap... Look at Hong Kong...

 

[Maula Jatt]

Sir, what is the average daily wage
of a Bhatta mazdoor in sydeny?

You buy it in international market

 

[Patriot forever]

You buy it in international market

Petrol sales in quantity were record in Jan, that means more people are able to afford petrol than in plmn tenure. He is talking as if patwaris were better off in Pakistan as compared to Sydney a couple of years ago

Anyways people need to understand that tax serves 2 purposes.

1) Revenue which the government looses ( government has highly cut down on taxes, possibly the lowest tax ratio this FY)

2) Not charging enough tax leads to increased demand/consumption and with the higher the oil prices are internationally the bigger the import bill, the higher the CAD which ultimately leads to weaker currency. It is a cycle to catastrophic ends.


Another important point to note is, people blame devaluation for hike in petrol prices.

What needs to be understood is, in order to maintain a fixed currency regime the higher the pressure on the rupee the more dollars one needs to throw to maintain that fixed level.

In short in fixed overvalued currency the people are paying less in rupees and the government is subsidising in dollars. This is the worst of all the scenarios, far worse than reducing taxes.

 

[Patriot forever]

Petrol Price in India will likely go higher after the UP elections. Pakistan's people are spoiled with cheap petrol.. relatively speaking

More correct way to say it is they are spoiled by fixed overvalued currency at the cost of repeated IMF and begging bowl. This segment of our society will be happy with $25b exports and $120b imports in 2028 as well with mullahs and donkeys calling anyone IMF agents who try to show them the reality.

 

[Norwegian]

View attachment 815839

 

[Norwegian]

More correct way to say it is they are spoiled by fixed overvalued currency at the cost of repeated IMF and begging bowl. This segment of our society will be happy with $25b exports and $120b imports in 2028 as well with mullahs and donkeys calling anyone IMF agents who try to show them the reality.

Another important point to note is, people blame devaluation for hike in petrol prices.

I don't count Patwaris as people

 

[PradoTLC]

More correct way to say it is they are spoiled by fixed overvalued currency at the cost of repeated IMF and begging bowl. This segment of our society will be happy with $25b exports and $120b imports in 2028 as well with mullahs and donkeys calling anyone IMF agents who try to show them the reality.

Ps add under Nawj Pakistan was like Switzerland

 

[xuxu1457]

China's gasoline is adjusted as a whole every two weeks according to the international crude oil price. The lowest price is about US $0.90 (international oil price is US $30 per barrel), and the highest is US $1.30 (international oil price is US $130 per barrel). According to a complex formula, there are the lowest price and the highest price.

Gasoline policies and goals vary from country to country. Hong Kong and Singapore think that driving is a luxury and will impose high taxes. Europe also has this idea. Americans must drive when they go out, and gasoline is a basic necessity. It is necessary to keep oil prices low in the United States, and national strategies are different.

 

[muhammadhafeezmalik]

View attachment 816261

Please also mention RON/Octane number for petrol of these countries.

Thanks.

Here is some guide:

 

[Patriot forever]

Please also mention RON/Octane number for petrol of these countries.

Thanks.

Here is some guide:

View attachment 816426

View attachment 816427

Our decade old refineries are finally upgrading for the first time, which will vastly improve fuel quality.

Anyways our refineries are old and cost of production is high for value added products because of wastage in the form of FO production.