kerosene oil price in pakistan

Today Kerosene oil price in Pakistan 2024

In a world where energy resources play an important role in shaping economies and life, the price of kerosene oil in Pakistan has a unique significance. It’s a topic that creates curiosity, and discussions and offers nationwide. Let’s discuss the price of kerosene oil in Pakistan

Table of Contents

Kerosene Oil Price Today in Pakistan 2024 – مٹی کے تیل کی قیمت

Kerosene Unit Rate per liter
Kerosene Oil
Per Liter
PKR 161.54.30

City Wise Kerosene Oil Price in Pakistan

Balochistan KPK Punjab Sindh
Awaran
Abbottabad
Attock
Badin
Barkhan
Bannu
Bahawalnagar
Daharki
Kachhi
Barikot
Bahawalpur
Ghotki
Chagai
Batkhela
Chakwal
Hyderabad
Chaman
Charsadda
Chichawatni
Jacobabad
Dera Bugti
Chitral
Chishtian
Karachi
Duki (18)
Dera Ismail Khan
DG Khan
Kashmore
Gwadar
Hangu
Faisalabad
Khairpur
Harnai
Haripur
Gujranwala
Larkana
Hub
Kabal
Gujrat
Mehar
Jafarabad
Kohat
Islamabad
Mehrabpur
Jhal Magsi
Landi Kotal
Jhang
Mirpur Khas
Kalat
Mansehra
Khanewal
Moro
Kech
Mardan
Khanpur
Nawabshah
Kharan
Mingora
Kot Addu
Pano Akil
Kohlu
Nowshera
Lahore
Rohri
Khuzdar
Peshawar
Layyah
Sanghar
Lasbela
Shabqadar
Liaqatpur
Shahdadkot
Ziarat
Swabi
Lodhran
Shikarpur
Loralai
Mian Channu
Sukkur
Mastung
Multan
Tando Allahyar
Musakhel
Muzaffargarh
Tando Jam
Nasirabad
Okara
Thatta
Nushki
Rahim Yar Khan
Qila Abdullah
Rajanpur
Qila Saifullah
Rawalpindi
Panjgur
Sadiqabad
Quetta
Sargodha
Sherani
Shorkot
Sibi
Sialkot
Sohbatpur
Taunsa Sharif
Surab
Washuk
Zhob

What is Kerosene Oil?

The Kerosene oil, also known as paraffin oil or simply “mitti ka tel,” is a flammable hydrocarbon liquid. It’s extracted from the distillation of crude oil and is mostly used for several purposes. Kerosene is an essential fuel that finds application in heating, lighting, and powering various engines and machinery.

How kerosene oil is made?

In making kerosene oil, the refining process for petrol extraction goes, through a stage before refining of diesel comes, and the crude oil in that stage is called kerosene oil.

Kerosene oil can be extracted immediately after the removal of crude compounds in rough crude oil after distillation.

Advantages of Using Kerosene Oil

Kerosene oil has a wide range of advantages that make it a perfect choice for many applications:

Clean Combustion

Kerosene oil burns cleanly, creating minimal smoke and soot, considering it an ideal choice for lighting and heating.

Reliability

Its stability is popular and perfect, making it a reliable source of energy for various uses.

Availability

It’s readily available, making it approachable to both urban and rural areas, where electricity or other forms of energy might be an issue.

Versatility

Okay, you can use kerosene for heating homes, cooking, and even fueling engines in some contexts.

Disadvantages of Using Kerosene Oil

Using the kerosene oil in a diesel or petrol engine, or any other machine, that works on it can damage the engine badly.

kerosene oil price in pakistan

Factors Affecting the Kerosene Oil Price

The kerosene oil prices are not the same. Various factors affect the kerosene oil price in Pakistan. These factors can flow the price up or bring it down. Understanding these influences is important for customers and businessmen.

Crude Oil Prices

An important factor for the rising of kerosene oil prices is the global cost of crude oil. As crude oil prices rise or fall, kerosene oil follows its routine price.

Exchange Rates

Exchange rates can affect the price of kerosene oil strongly. A weaker local currency can lead to higher prices as it takes more rupees to purchase oil priced in dollars. So, our currency makes this happen.

Taxation and regulations

In Pakistan, Government taxes, both at the federal and provincial levels, play a vital role in raising or lowering the final cost of kerosene oil.

Transportation Costs

The cost of transporting kerosene from materials and raw to distribution points can affect prices, especially in remote or background areas.

International Market Dynamics

International market dynamics, geopolitical tensions, and supply and demand variations worldwide can also have a strong effect on kerosene oil price in Pakistan.

Conclusion

In conclusion, the fluctuating kerosene oil price in Pakistan continue to present significant challenges for consumers, businesses, and the economy as a whole. The dependence on kerosene oil for various domestic and industrial purposes underscores the urgency for stable pricing policies and effective regulatory measures.

While government regulations and taxes aim to overcome the burden on low-income households, the stability and effectiveness of such regulations remain debatable. Moreover, the volatility in global oil markets and geopolitical factors further affect the unpredictability of kerosene oil price in Pakistan.

To address these issues comprehensively, a multi-faced approach involving improved energy infrastructure, enhanced domestic production capacities, and diversified energy sources is imperative. Additionally, transparent pricing mechanisms, coupled with targeted assistance programs, can help to balance the adverse impacts of price fluctuations on other segments of society.

Finally, achieving stability and affordability in kerosene oil prices requires concerted efforts from policymakers, industry stakeholders, and the broader community to foster sustainable energy practices and mitigate the socio-economic disparities in energy costs.

FAQs

Why do kerosene oil prices fluctuate?

Kerosene oil prices are affected regularly due to factors such as changes in global crude oil prices, exchange rates, taxation, transportation costs, and international market dynamics.

How is kerosene oil used in Pakistan?

People use kerosene oil for various purposes, including lighting, heating, cooking, and fueling engines in certain contexts in Pakistan.

What are the advantages of using kerosene oil?

The advantages of using kerosene oil are clean combustion, reliability, availability, and versatility, making it suitable for a wide range of applications.

What is the current price of kerosene oil in Pakistan?

The current price of kerosene oil in Pakistan for 2024 is approximately Rs. 161.54 per litre, but it may change across different cities.

How do kerosene oil prices impact the economy of Pakistan?

Kerosene oil prices can have an important impact on the economy, affecting the cost of living for households and the operational expenses of industries that depend on kerosene as an energy source.

What was the highest kerosene price recorded in Pakistan?

In  November 1, 2024, PKR 161.54 per liter.

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