KARACHI – Petrol, and diesel prices in Pakistan saw increase for the first half amid changes in international oil prices.
February Petrol Price in Pakistan
POLs | Prices |
Petrol | Rs272.89 |
Diesel | Rs278.96 |
In late January, the exchange rate for rupee against US dollar improved by Rs1.5, hovering about Rs280. Meanwhile, PSO had to pay a higher premium of $2 per barrel for both petrol and diesel.
In previous price review, the interim government slashed petrol prices by Rs8 per litre, passing on the government’s pledge to easing people’s financial burdens.
Globally, petrol prices increased from $83 to $89 per barrel in the past week, while diesel prices increased from $93 to $97 per barrel.