No respite: Petrol, diesel price in Pakistan swell by Rs35

The federal government on Sunday increased the per liter price of petrol and diesel by Rs35 for the next fortnight.

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Federal Finance Minister Ishaq Dar made the announcement in a televised speech.

As of right now, the new prices are in effect.

The minister said that OGRA had asked Prime Minister Shehbaz Sharif and the government to immediately implement the new rates to stop temporary hoarding and rumors about a lack of gasoline.

Petrol will now cost Rs249 per liter rather than Rs214.80 per liter due to recent price changes.

The high-speed diesel will now cost Rs262.80.

Additionally, the price of kerosene oil has increased by Rs18 per liter, reaching Rs199.83.

The price of the light diesel has also gone up by Rs18 per liter, so it will now cost Rs187 to sell.
The chairman of the Pakistan Tehreek-e-Insaf (PTI) criticized the increase in the price of petroleum products and referred to it as “total mismanagement.”

“Total mismanagement of our economy by a corrupt and incompetent imported govt has crushed masses and salaried class with latest hike in petrol and diesel prices and Rs33/$ devaluation to Rs262.6/$. Electricity and gas price hike and 35% unprecedented inflation expected with Rs200bn mini budget,” Imran stated in a tweet.

Fuel Existing prices per liter New Prices per liter Change in price
Petrol Rs214.80 Rs249.80 Rs35
High Speed Diesel Rs227.80 Rs262.80 Rs35
Kerosene Oil Rs171.83 Rs189.83 Rs18
Light Diesel Oil Rs169 Rs187 Rs18
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