The federal government has increased the prices of oil products by up to RS7.95 per year. Liters, according to a review issued by the Finance Division late Sunday night.
Based on the recommendations of Oil and Gas Regulatory Authority (OGRA) and relevant ministries, the price of gasoline is raised by RS4.80 per year. Liters, while the price of high -speed diesel (HSD) has increased by RS7.95 per Liter.
After the hike, the price of gasoline has increased from RS253.63 to RS258.43 per day. Liter. Similarly, the new price of HSD is now on RS262.59 per year. Liter, up from the previous RS254.64.
The revised prices came into force immediately from June 16.
The government cited international market trends as the basis for adaptation. Pakistan fuel prices are reviewed every week, depending on the global oil prices and the local exchange rate.
