The federal government of Pakistan has announced a significant increase in petrol prices by Rs9.66 per litre, bringing the new rate to Rs289.41 per litre, effective from April 01, 2024.
Thank you for reading this post, don't forget to subscribe!In contrast, the price of high-speed diesel (HSD) has been reduced by Rs3.32 per litre to Rs282.24.
The decision follows earlier speculation reported by Headline PK regarding a potential hike in petroleum product prices. The recent surge in petrol prices is attributed to a rise in the premium, increasing from $12.15 per barrel to $13.507 per barrel, marking a $1.45 per barrel increment.
It’s noteworthy that in the previous review, the government maintained the petrol price unchanged while decreasing the price of HSD by Rs1.77 per litre.
