News & Updates

Govt Increase Price of Petrol by Rs. 13.55 Per Liter

In a recent decision, the caretaker federal government has opted to increase the prices of both petrol and high-speed diesel. This move comes after a previous reduction in petrol prices during the last fortnightly review.

Revised Fuel Prices

Fuel TypePrevious Price (Rs. per liter)New Price (Rs. per liter)
High-Speed Diesel276.21278.96

This adjustment reflects a significant increase of Rs. 13.55 per liter for petrol and Rs. 2.75 per liter for high-speed diesel.

Fluctuations in Petroleum Prices

The caretaker government had previously reduced the price of petrol by Rs. 8 per liter during the last review, while the high-speed diesel rate remained unchanged. International oil prices and the exchange rate continue to heavily influence petroleum prices in the country.

Petroleum Development Levy Impact

A noteworthy factor contributing to the current prices is the petroleum development levy imposed by the government. Presently, there is a Rs. 60 levy on every liter of both petrol and high-speed diesel.

Irfan Tariq

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