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Petrol and diesel prices increased again amid rising global oil rates

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Animated editorial illustration for: Petrol and diesel prices increased again amid rising global oil rates
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At a glance

  • Petrol price increased by Rs 18 per litre.
  • High-speed diesel price increased by Rs 8 per litre.
  • The hike coincides with global crude oil prices crossing $100 per barrel.

Story so far

Pakistani authorities have raised fuel prices, increasing petrol by Rs 18 per litre and high-speed diesel by Rs 8 per litre. The move is linked to a surge in the international market, where crude oil has surpassed $100 per barrel. The price hike has been met with public frustration, with citizens reporting increased difficulty in managing household expenses and the rising cost of daily commodities.

Latest development

The government has increased the price of petrol by Rs 18 per litre and high-speed diesel by Rs 8 per litre, adding to the financial strain on the public as international crude oil prices climb above $100 per barrel.

Sources and updates

Usama MehboobUsama MehboobEditor
Categories: Business & Economy
Tags: , , ,

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