Islamabad: Saudi Arabia’s leading energy company, Aramco, has significantly reduced the price of high-octane petrol at its petrol pumps in Pakistan, providing major relief to consumers.
The company has lowered the price from PKR 610 per liter to PKR 410 per liter, a move that has been positively received across the country.
This development comes shortly after the Pakistani government had not increased overall petroleum product prices but had raised the levy on high-octane petrol from PKR 100 to PKR 300 per liter. As a result, prices at various petrol pumps had risen to PKR 600–610 per liter, while Pakistan State Oil recorded the price at around PKR 589 per liter.
High-octane petrol is particularly essential for modern turbocharged and high-compression engine vehicles. Many newly imported or locally assembled cars in Pakistan perform optimally only on high-octane fuel, driving a continuous increase in demand.
Market sources indicate that this price reduction will not only provide financial relief to consumers but is also expected to increase the usage of high-octane petrol across the country.
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