https://arab.news/b96wz
- The price of diesel increased by Rs2.75 per liter, Finance Division says
- The revision comes in backdrop of ongoing tensions in the Middle East
ISLAMABAD: The Pakistani government on Wednesday increased the prices of petrol and diesel by as much as Rs13.55 per liter, it said.
Pakistan revises petroleum prices every fortnight. The prices of petrol and diesel were increased on the recommendation of the country’s Oil and Gas Regulatory Authority (OGRA).
“Government of Pakistan has decided to bring changes in the current prices of petroleum products during the fortnight starting from 1st February 2024,” the Finance Division said in a notification.
The price of petrol went up by Rs13.55 to Rs272.89 a liter, while that of diesel increased by Rs2.75 to Rs278.96, according to the notification.
The revised prices have already taken effect.
The hike comes in the backdrop of ongoing tensions in the Middle East amid Israel’s war on Gaza and Houthi attacks on shipping vessels in the Red Sea.