Diesel Likely to Get More Expensive
Dubai crude oil has surged almost $20 above Brent. Dubai crude reached $123.6 per barrel on September 11, compared with … Read More The post Diesel Likely to Get More Expensive appeared first on ProPakistani .
Diesel prices in Pakistan are set to increase, as the country's diesel costs are closely tied to Dubai crude oil prices published by Platts. This comes after Dubai crude oil surged almost $20 above Brent crude oil on September 11, reaching $123.6 per barrel compared to Brent's $104.4, creating a $19.3 per barrel premium. Typically, Dubai crude traded below Brent for most of June-July 2026; however, the widening gap between Dubai and Brent crude prices adds more pressure to Pakistan's already high fuel prices.
The Petroleum Division in Pakistan is expected to announce higher diesel prices starting tomorrow, depending on the uncertain Gulf situation following the US-Israel war on Iran.
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