Petrol prices increase by Rs.12.03 in Pakistan

The government shocked the people on Tuesday by raising the price of fuel by Rs12.03 per litre due to an increase in crude oil prices on the international market

“The prices of petroleum products are showing a drastic increase in the international market and presently are at the highest level since 2014. Despite the unabated increase since the beginning of the year, Prime Minister Imran Khan deferred the last review of petroleum products' prices on January 31, 2022, and advised against the summary of OGRA,” said the finance division in the latest statement.