Govt, Refineries Agree to Cut Diesel Prices
Pakistan has reduced the high-speed diesel (HSD) crack spread to $38 per barrel from $41.89, according to a pricing sheet … Read More The post Govt, Refineries Agree to Cut Diesel Prices appeared first on ProPakistani .
The Pakistan government and refineries have agreed to cut high-speed diesel (HSD) prices, reducing the crack spread from $41.89 to $38 per barrel, according to a report by Topline Research. The revised rate, set to remain in place for 60 to 90 days, represents a 9.3% decrease from the previous rate. However, the impact of this change on domestic diesel prices, refinery earnings, and consumer fuel costs remains unclear, as further confirmation is awaited from other refineries and the Oil and Gas Regulatory Authority (OGRA).
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