Petrol price increased by Rs5
Prices of high speed diesel and kerosene also increased
The government has decided to increase the prices of petroleum products with effect from March 16.
| Fuel | Old price | New Price | Change |
|---|---|---|---|
| Petrol | 267 | 272 | +5 |
| High Speed Diesel | 280 | 293 | +13 |
| Kerosene | 187.73 | 190.29 | +2.56 |
A notification issued just before midnight on Wednesday attributed the price increase to increase in Platts Singapore prices as well as the depreciation of the rupee’s value against the dollar.
This brings the price of petrol back to the level of February 28 when it was slashed by Rs5.
Rising fuel prices are one of the components that drive inflation, which has already crossed 40% in Pakistan.
For the latest news, follow us on Twitter @Aaj_Urdu. We are also on Facebook, Instagram and YouTube.
Petrol
Finance Ministry
petroleum prices
diesel
Related Stories
State Bank expected to hold rates on Monday ahead of IMF deal
Govt mulls slashing solar Net Metering rates by Rs10 per unit
IMF confirms meeting on April 29 to review Pakistan tranche
Budget 2024-25: Center to cut pension, BISP funds, other major expenditures
Gold prices rebound after historic dip
Pakistan eyes new IMF loan by early July, says finance minister
Taboola
Taboola ads will show in this div
Most Popular
Comments are closed on this story.