Kerosene Oil Prices in Pakistan 2024

 Price of kerosene oil in Pakistan has reached all-time high, with each litre now costing Rs192. The hike in prices is blamed on the rise in global crude oil prices and a weakening rupee against the US dollar. This is sure to cause hardships for the poor, who are already struggling to make ends meet. The government must take steps to ensure that the most vulnerable members of society are not further burdened.

What is Kerosene Oil ?

Kerosene, also known as paraffin or lamp oil, is a clear liquid hydrocarbon commonly used as fuel for lamps and heaters. It is also used in jet fuel and can be found in some pesticides and cleaning products. Kerosene was first produced from the distillation of petroleum in the mid-1800s and quickly became a popular source of lighting. However, with the invention of electricity and the widespread use of natural gas for heating, kerosene has become less commonly used in households. Kerosene is highly flammable and must be handled with care. Inhaling its fumes can cause dizziness, headaches, and even lung damage.

 It is also toxic to aquatic life and can contaminate drinking water if not disposed of properly. Despite its drawbacks, kerosene remains a cost-effective choice for some households and industries. It is also a crucial fuel source in developing countries without access to electricity or natural gas. In these areas, kerosene lamps and stoves provide essential lighting and cooking capabilities. As a renewable resource, kerosene can be produced from plant-based oils and biowaste, offering a more sustainable alternative to traditional petroleum-derived kerosene. However, the use of renewable kerosene is currently limited due to high production costs and lack of infrastructure. Moving forward, continued research and investment in renewable kerosene could provide a cleaner and more environmentally-friendly option for fuel.

Kerosene Oil Price Today in Pakistan

Kerosene oil is a liquid fuel obtained from the refining of crude petroleum. It is widely used as a cooking and lighting fuel in developing countries. Kerosene oil is also used in jet engines and as a solvent in the paint industry. The price of kerosene oil varies from country to country, depending on the crude oil prices and local taxes. In Pakistan, the price of kerosene oil has remained relatively stable over the past few years. However, with the recent increase in crude oil prices, the price of kerosene oil is expected to increase in the coming months. This will have a negative impact on poor households that rely on kerosene oil for cooking and lighting.

KerosenePrice in Pakistan
Kerosene OilPrice is Rs. 191.83

The current price of kerosene in Pakistan is Rs. 191.83 per liter. This is a decrease from last month’s price of Rs. 195.33 per liter. Kerosene, also known as paraffin or lamp oil, is commonly used for cooking and lighting in households without access to electricity. Due to its lower cost compared to other fuels, kerosene is also used as a fuel for aircraft and in some industrial settings. However, the use of kerosene has been declining in recent years as more households gain access to electricity and alternative fuel sources become available. The price of kerosene is largely influenced by global crude oil prices and government taxes and subsidies. In Pakistan, kerosene is currently subsidized by the government to make it more affordable for households. Consumers can purchase kerosene from local oil companies or authorized dealers. It is important to only buy certified kerosene to ensure safety and proper functioning in equipment.

Conclusion: 

Prices of kerosene oil in Pakistan are expected to increase in the coming months. This is due to multiple factors such as an increase in the global price of crude oil and a decrease in the value of rupee against the US dollar. The government has also announced that it will stop subsidizing kerosene oil, which will further increase its prices. It is important for people living in poverty-stricken areas to switch to other forms of fuel such as LPG or CNG if they have not done so already.