Govt Increases Petrol Price by Rs4.1, HSD by Rs6.41 per Litre for Sept 16
The new daily pricing mechanism passed higher import costs to consumers, while a relief scheme will cover about 11.8 million beneficiaries.
- On Wednesday, the Petroleum Division fixed petrol at Rs384.34 per litre and HSD at Rs415.83 under Pakistan's daily pricing mechanism, reflecting increases of Rs4.10 and Rs6.41 respectively.
- Oil prices rose nearly $3 on Tuesday after Saudi Arabia's Red Sea port of Yanbu suspended loadings and Libya halted operations at three oil fields, heightening supply concerns.
- Petrol prices surged 24% between July 1 and September 11, while HSD rose 28%, prompting Prime Minister Shehbaz Sharif to announce a relief scheme on Sunday offering Rs100 per litre off.
- The Fuel Relief Scheme launches nationwide at midnight on September 16, covering an estimated 11.8 million beneficiaries including 10 million two-wheeler users and 800,000 three-wheeler users receiving monthly relief.
- Officials noted lower-income consumers face severe economic pressure from higher petroleum prices and resulting inflation, as international oil markets remain vulnerable to OPEC+ decisions and Middle East disruptions in critical shipping routes.
14 Articles
14 Articles
Pakistan considers smart lockdown as diesel prices reach above Rs 415 per litre amid West Asia conflict
According to a notification issued by the Petroleum Division on Tuesday night, the government has increased the price of petrol by Rs 4.10 per litre and high-speed diesel (HSD) by Rs 6.41 per litre.
Another Massive Increase in Fuel Prices! Petrol Rises by Rs. 6.88, Reaching Rs. 391.22
Pakistan’s federal government has announced another increase in petroleum prices, raising the cost of petrol by Rs. 6.88 per litre to Rs. 391.22. High-Speed Diesel (HSD) has also seen an increase of Rs. 5.62 per litre, bringing its new price to Rs. 421.45.According to the Oil and Gas Regulatory Authority (OGRA), the latest adjustment is […]
Petroleum Prices May Rise by Up to Rs5.62 Per Litre in Pakistan
ISLAMABAD: Petroleum product prices in Pakistan are likely to increase further, with preliminary estimates indicating an increase of up to Rs5.62 per litre for some products. According to preliminary calculations, the price of high-speed diesel (HSD) is expected to rise by around Rs5.62 per litre, while the price of petrol could increase by approximately Rs4.04 […]
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