Petrol price may go up repeating pre‑festival hike pattern before Eidul Azha

Petrol Price Likely to Rise Again This Week

Pakistan may see changes in fuel prices in the upcoming review, with petrol likely to become more expensive while diesel prices are expected to remain mostly stable. Early estimates suggest that petrol prices could increase by around Rs. 4.75 per litre. The expected rise in petrol prices is linked to higher international oil rates and increased refinery costs. These global factors have pushed import expenses up, which may be passed on to consume…

Petrol price may go up repeating pre‑festival hike pattern before Eidul Azha

ISLAMABAD: Prime Minister Shehbaz Sharif has hinted at yet another increase in petrol and diesel prices this week, citing the international energy crisis, as back-to-back hikes have already pushed rates to historic highs. Petrol currently retails at Rs. 399.86 per litre and high-speed diesel at Rs. 399.58 per litre after successive increases: a sharp Rs. 26.77 per litre hike last week followed by another adjustment on May 1, when petrol rose by …