Pakistan government raises petrol and diesel prices amid global oil market volatility
The Pakistani government increased petrol and high-speed diesel prices effective Tuesday, September 15, following a review of international crude costs.
New retail rates for fuel
Petrol will now retail at Rs380.24 per litre after the revision. High-speed diesel costs have risen to Rs409.42 per litre under the new notification. These adjustments mark the sixth consecutive hike in petroleum prices this year.
Global market context and drivers
International oil benchmarks climbed above $100 a barrel due to supply concerns in the Middle East. The government continues to levy existing taxes of Rs114 per litre on petrol and Rs100 per litre on diesel. Petroleum Minister Ali Pervaiz Malik previously announced daily price fixes to reflect international market fluctuations.
2 outlets, different leads
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Dawn
Govt increases petrol by Rs4.42 per litre, HSD by Rs6.10 per litre amid rising global oil prices
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Business Recorder
Govt raises petrol price by Rs4.42, diesel by Rs6.10
Reported by
2 independent outlets. Headlines as published. Links open the original report.