Aaj English TV

Friday, July 19, 2024  
13 Muharram 1446  

Petrol price increased by Rs5

Prices of high speed diesel and kerosene also increased

The government has decided to increase the prices of petroleum products with effect from March 16.

Fuel Old price New Price Change
Petrol 267 272 +5
High Speed Diesel 280 293 +13
Kerosene 187.73 190.29 +2.56

A notification issued just before midnight on Wednesday attributed the price increase to increase in Platts Singapore prices as well as the depreciation of the rupee’s value against the dollar.

This brings the price of petrol back to the level of February 28 when it was slashed by Rs5.

Rising fuel prices are one of the components that drive inflation, which has already crossed 40% in Pakistan.

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Finance Ministry

petroleum prices