Aaj English TV

Wednesday, July 17, 2024  
11 Muharram 1446  

Petrol price hiked by Rs2.73

Price of diesel also hiked by Rs8.37
File photo
File photo

The government of Pakistan has hiked the price of petrol by Rs2.73 and the price of diesel by Rs8.37.

The prices were announced through a notification by the Ministry of Finance on Thursday night and will be applicable from February 16.

Fuel Old price New Price Change
Petrol 272.89 275.62 2.73
Diesel 278.96 287.33 8.37
Light Diesel 166.86 166.86 0
Kerosene 186.62 186.62 0

Fuel prices are revised every fortnight in Pakistan based on recommendations from the Oil and Gas Regulatory Authority.

The prices are influenced by a number of factors including international prices as well as the exchange rate of the dollar against the rupee, as most of Pakistan’s oil is imported.

In turn, the prices of oil have wide ranging effects for Pakistan’s economy, including the price of essential items.

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Oil prices

petrol prices

diesel prices