Pakistan announces price reductions for petroleum products beginning on May 1, 2023 April 30, 2023 Following a significant drop in international oil prices, Pakistan announced price reductions for the first half of May 1, 2023.


The prices of High Speed Diesel (HSD), Kerosene Oil, and Light Diesel Oil, according to Finance Minister Ishaq Dar, will decrease by Rs5 and Rs10, respectively. However, the cost of gasoline would not change. From May 1, 2023, to May 15, 2023, the following would be the new prices for petroleum products: Rs282 per liter of gasoline; HSD Rs288 per gallon; Lamp fuel Oil Rs176.07; and 168.68 for Light Diesel.