According to industry estimates, diesel and kerosene prices are expected to go down
Petroleum costs to remain consistent in the next survey.
Diesel and lamp oil costs to decline from Dec 1.
The next fortnightly survey is due tomorrow (Nov 31).
KARACHI: The costs of oil-based commodities won't see any significant change in the forthcoming fortnightly audit with diesel and lamp oil rates expected to go down marginally, as per the business estimations.
As per a The News report distributed Thursday, the ex-treatment facility and ex-stop costs of oil-based goods enrolled no significant change as worldwide unrefined costs facilitated lately.
The ex-warehouse cost of petroleum, the most broadly involved fuel in the nation, is somewhat higher by Rs0.19 per liter to Rs281.53 per liter contrasted with the ongoing cost of Rs281.34, industry authorities said.
The ex-station cost of high velocity diesel (HSD), utilized fundamentally for transport, has been worked out at Rs290.47 per liter for the following fortnight contrasted with the current cost of Rs296.71 , showing a downfall of Rs6.24 rupees per liter.
The ex-warehouse cost of lamp fuel, utilized for cooking and lighting in provincial regions, has been worked out at Rs202.16 per liter contrasted with the ongoing cost of Rs204.98, showing a diminishing of Rs2.82 per liter.
The ex-warehouse cost of light speed diesel, one more variation of diesel, has been worked out at Rs176.18 per liter for the following survey against the current cost of Rs180.45, enrolling a decay of Rs4.27 per liter, the report expressed.
As indicated by the business working, the assessed trade change of petroleum is zero while it is Rs1.80 per liter for HSD.
In any case, the business authorities said that the costs of oil-based goods can change with the trade misfortune as the business didn't put the trade misfortune figure in its working for the following audit.
The nation fixes fuel costs on a fortnightly premise in the wake of assessing fluctuating global energy market costs and the rupee-dollar equality to move the effect on homegrown shoppers.
They said worldwide oil costs stayed under tension during November, falling beneath $75 a barrel in mid-November.
WTI was exchanging at $76.5 a barrel on November 29, somewhere around almost 7% when contrasted with October 29. Brent was somewhere near 5.4% in the previous month, exchanging at $86.35 a barrel, they added.