Govt Increases Petrol by Rs9.66, Cuts Diesel Price by Rs3.32

The federal government of Pakistan has announced a significant increase in petrol prices by Rs9.66 per litre, bringing the new rate to Rs289.41 per litre, effective from April 01, 2024.

In contrast, the price of high-speed diesel (HSD) has been reduced by Rs3.32 per litre to Rs282.24.

The decision follows earlier speculation reported by Headline PK regarding a potential hike in petroleum product prices. The recent surge in petrol prices is attributed to a rise in the premium, increasing from $12.15 per barrel to $13.507 per barrel, marking a $1.45 per barrel increment.

It’s noteworthy that in the previous review, the government maintained the petrol price unchanged while decreasing the price of HSD by Rs1.77 per litre.

Zayn

Zain is a dynamic business student with a passion for technology that goes beyond the classroom. When he's not immersed in his studies, Zain can be found playing with the latest gadgets, fueled by a genuine curiosity for emerging tech trends. His love for technology extends to his avid reading habits, where he stays updated on the latest advancements and breakthroughs in the tech world. Despite his academic focus, Zain is also an outdoor enthusiast, always ready for an adventure. With several years of experience in writing news, Zain brings a unique blend of business acumen, tech-savviness, and journalistic expertise to any discussion or project.