The government has approved an increase of RS 5 Per litre on petrol and RS 13 per litre on high speed diesel (HSD) with effective from March 16th.
According to a statement by Finance Ministry, “In the last fortnight, Platts Singapore prices registered an increase. This along with a depreciation of Pak Rupee has resulted in an increase of POL products in Pakistan.”
With the new increase in prices, petrol will be available at Rs272 per litre. Earlier it was sold at Rs267 per litre. Similarly, after the RS 13 per litre increase, the HSD will now be available at Rs 293, compared to Rs280 per litre earlier.