Government increased price of petrol by Rs6.72 per litre

 The government has surprised everybody with jacking up of petrol price amid falling dollar and lower oil prices

 The Government of Pakistan Monday announced to increase the price of petrol by Rs6.72 per litre for the next 15 days. The government has surprised everybody with this decision to increase the petrol price. The people were expecting a cut in the petrol prices amid a fall in the price of crude oil in international market. While the government raised the price of petrol, it slashed the price of diesel by Rs0.51. Earlier the sources had said the prices of local petroleum products were likely to decrease by up to Rs15 per litre, as crude oil prices have declined in the global market.

The Finance Ministry statement released to the media says that “in the wake of fluctuations in petroleum prices in the international market and exchange rate variations, the government has decided to revise the existing prices or petroleum products to pass on the impact to the consumers.”

In line with the new changes, the price of petrol will be Rs233.91 per litre, diesel will be Rs244.44 per litre, and kerosene oil will be sold for Rs199.40 per litre, and the price of light diesel oil will be Rs191.75 per litre.

The new prices will come into effect from August 16, 2022. 


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