
According to a notification issued by the Ministry of Finance, the price of petrol has been increased by Rs4.80 per litre, while high-speed diesel has gone up by Rs7.95 per litre.
The new price of petrol has been set at Rs258.83 per litre, up from the previous rate of Rs254.03, while high-speed diesel will now cost Rs262.58 per litre, previously priced at Rs254.63.
The Finance Ministry stated that the new prices have taken effect from midnight tonight. The hike is primarily attributed to rising crude oil prices in the global market and the depreciation of the Pakistani rupee.
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Meanwhile, the public has reacted sharply to the sudden price hike, expressing frustration over the repeated increases. Citizens complain that prices are raised every 15 days, leading to a surge in transportation costs, food prices, and daily expenses.
Public circles are urging the government to take immediate steps to stabilise petroleum prices and ease the financial burden on the people.