Govt Raises Kerosene Oil Price by Over Rs. 34 per Litre Amid Fuel Cost Pressures
Pakistan’s fuel consumers are set to face another financial burden as the government has approved a significant hike in kerosene oil prices. The latest notification issued by the Oil and Gas Regulatory Authority (OGRA) confirms an increase of Rs. 34.08 per litre, reflecting ongoing adjustments in domestic energy pricing.
With the revised rates now in effect, kerosene oil will be sold at Rs. 467.48 per litre, compared to the earlier price of Rs. 433.40 per litre. This sharp increase is expected to impact households and small businesses that rely heavily on kerosene for daily energy needs, particularly in off-grid and rural areas.
The upward revision comes at a time when global oil markets continue to experience volatility. Fluctuating crude oil prices, coupled with currency pressures and import costs, have forced regulators to pass on the burden to end consumers. Authorities maintain that these adjustments are necessary to align local prices with international benchmarks and ensure supply stability.
Kerosene oil remains a critical energy source in many parts of Pakistan, especially where access to natural gas is limited. As prices surge, concerns are rising over affordability and the potential ripple effects on inflation. Increased fuel costs often translate into higher transportation and commodity prices, further straining household budgets.
Economic analysts suggest that persistent increases in petroleum prices could dampen consumer spending and slow down economic activity. At the same time, policymakers are under pressure to balance fiscal constraints with public relief measures.
The government has yet to announce any targeted subsidies or relief packages to offset the rising cost of kerosene. For now, consumers are advised to prepare for continued fluctuations in fuel prices as global energy trends remain uncertain.
