The price of high-speed diesel has been increased by Rs 11.37 per litre.
Petrol Price Hiked by Rs5.36, Diesel up By Rs11.37 Per Litre. The government of Pakistan has increased the prices of petroleum products, here on Tuesday.
As per the details, the price of petrol has been increased by Rs 5.36 per litre, the new price of petrol has been set at Rs 272.15 per litre.
The price of high-speed diesel has been increased by Rs 11.37 per litre, the new price of high-speed diesel has been set at Rs 284.35 per litre.
In a statement, the Finance Division said that the government has revised the prices of petroleum products based on the recommendations of Oil and Gas Regulatory Authority (Ogra) and the relevant ministries.
| Products | Existing prices w.e.f. July 1 | New price w.e.f July 16 | Increase |
| High Speed Diesel (HSD) | Rs272.98 | Rs284.35 | Rs11.37 |
| MS (Petrol) | Rs266.79 | Rs272.15 | Rs5.36 |
In the previous fortnight, the petrol rate was hiked by Rs8.36 per litre following fluctuations in international crude oil prices. The price of diesel was also raised by Rs10.39.
Petrol powers small vehicles, rickshaws, and bikes, making price hikes especially hard on middle- and lower-income households who depend on it for daily commuting.
In contrast, a substantial portion of the transport sector depends on high-speed diesel. Its price is considered inflationary due to its widespread use in trucks, buses, trains, and farm machinery, such as tractors and tube wells.
The increased cost of high-speed diesel directly contributes to the rising prices of vegetables and other essential food items.
Petrol Price Notification
