Petrol Prices in Pakistan Expected to Rise by Rs 6.60 Per Litre

Petrol Prices in Pakistan are likely to go up once again, as new reports suggest that petrol may increase by Rs 6.60 per litre and diesel by Rs 5.27. The expected price hike follows a recent surge in global oil prices and is set to take effect within the next 15 days.

Although a slight decrease is projected for kerosene and light diesel oil. The final rates are still pending official approval from Prime Minister Shehbaz Sharif.

Global Trends Drive Local Fuel Adjustments

The expected increase comes as global oil markets remain volatile, pushing governments worldwide to reassess their local pricing structures. Petrol Prices in Pakistan are revised on a fortnightly basis. And adjustments are made in line with global rates and currency fluctuations.

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The proposed increase will directly impact commuters, transporters, and commercial businesses, adding pressure to an already tight economic environment. Inflation is still a major concern for many households. Fuel hikes are often followed by price jumps in essential commodities and transport fares.

The Ministry of Finance will announce the official prices after reviewing the summary submitted by the Oil and Gas Regulatory Authority (OGRA). If approved, the new fuel prices will remain valid for the next 15 days.

Until the government issues a final decision. Motorists and transporters across the country are preparing for the financial impact that the rise in fuel costs may bring.

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