- Hiking mainly due to changes in exchange rate, oil levy.
- Kirosine, diesel prices of light diesel may notice a decrease in review of the fortnight.
- Gasoline is likely to be installed at a new price of Rs273.39 per liter.
Islamabad: Petrol prices are expected to increase by 6.6.60 Rs per liter and diesel by RS5.27 per liter for the upcoming fortnight since July 16, mainly due to exchange rate changes and oil receipt adjustments, according to The news.
In contrast, the kerosene price can be reduced by RS3.74 per liter, while light diesel diesel (LDO) could see a decrease in RS2.23 per liter.
Gasoline is likely to be installed at the new price of Rs273.39 per liter with a 2.5% increase and diesel to RS278.25 with a increase of 1.9%.
However, US President Donald Trump’s announcement that it will increase commercial sanctions in Russia if the war against Ukraine does not stop has caused a greater increase in Pol’s prices on the international market. Crude oil prices have reached over $ 71 per barrel.
Earlier last month, reporting the fluctuations of international crude oil prices, the Directorate of Finance announced an increase in gasoline by 8.36 Rs per liter, valid on July 1.
On June 16, 2025, gasoline increased by RS4.80 per liter and high -speed diesel by RS7.95.
Petrol forces Small vehicles, rickshaws and bicycles, making price increases particularly tough on medium and lower income households dependent on daily movement.
On the contrary, a significant portion of the transport sector depends on the high -speed diesel. Its price is considered inflationary due to its widespread use of trucks, buses, trains and farm machinery, such as tractors and pipes.
The increased cost of high -speed diesel contributes directly to the increasing prices of vegetables and other basic foodstuffs.
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