Govt jacks up petrol price by Rs5 | The Express Tribune
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ISLAMABAD: Owing to the increase in oil prices in the international market and depreciation of the Pakistani rupee, the federal government on Wednesday raised the price of petrol by Rs5 per litre effective immediately. “In the last fortnight, Platts Singapore prices registered an increase. This along with a depreciation of Pak Rupee has resulted in an increase of POL products in Pakistan,” the finance ministry said a press statement. According to the ministry, petrol will now be available at Rs272 per litre, as compared to its previous price of Rs267 per litre. Likewise, the government enhanced high-speed diesel (HSD) prices by Rs13, from Rs280 per litre to Rs293 per litre. Read more: Petrol price slashed by Rs5 per litre The prices of kerosene oil have been increased by Rs2.56, from Rs187.73 per litre to Rs190.29 per litre. However, the prices of light diesel oil have been kept unchanged at Rs184.68 per litre. On February 28, the government had reduced the price of...