ISLAMABAD – Another blow to inflation-hit Pakistanis as the government is expected to raise petrol prices by Rs13 per litre and high-speed diesel by Rs14 per litre from midnight amid changes in global oil prices.
According to sources, the government has decided to increase the price of petrol by Rs. 13 per litre and high-speed diesel by Rs. 14 per litre. The revised prices are expected to take effect from 12:00 midnight tonight, while an official notification is expected to be issued shortly.
Expected Petrol Price
| Product | Current Price | Proposed Increase | New Expected Price |
|---|---|---|---|
| Petrol (Super) | 297.53 | 13.00 | 310.53 |
| High-Speed Diesel | 309.50 | 14.00 | 323.50 |
The increase follows sustained pressure on global crude oil prices amid ongoing geopolitical tensions between the United States and Iran. The government is expected to issue an official notification confirming the revised fuel prices later today.
The impact of rising global crude oil prices, driven by ongoing tensions between the United States and Iran, has yet to subside. In response, the government has decided to pass the increase in international oil prices on to consumers by raising domestic fuel prices.
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