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Govt sharply hikes petrol price by Rs12.9, HSD by Rs3.72 per litre for Sept 8
The increase follows volatility in global oil markets, with petrol reaching Rs358.77 per litre and diesel Rs381.77, the notification said.
- On Monday, the Oil and Gas Regulatory Authority announced increased Petrol and HSD prices effective tomorrow, with diesel rising 3.72 per litre to Rs381.77 and petrol climbing Rs12.90 to Rs358.77 per litre.
- Volatility in international Oil markets prompted the increase, as Brent crude futures rose 85 cents to $97.13 a barrel amid Iran's threats to strike regional energy infrastructure.
- Jamaat-E-Islami leader Liaquat Baloch submitted proposals to the government for abolishing the Petrol levy, urging review within three days and threatening continued sit-ins if relief is not granted.
- According to the Pakistan Economic Survey, Petrol products constitute one of the country's largest import categories, making the economy highly vulnerable to global crude Oil price fluctuations.
- Maritime intelligence firm Marisks warned that tankers are now "instruments of reciprocal economic pressure," threatening stable supply chains as regional conflicts continue to destabilize energy markets.
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Petrol price rises by Rs12.90
F.P. Report ISLAMABAD: The government on Monday increased the prices of petrol and high-speed diesel (HSD) by Rs12.90 and 3.72 per litre, respectively, amid volatility in international oil markets. Under the revised rates, petrol will now cost Rs358.77 per litre, while HSD will be priced at Rs381.77 per litre. According to the notification, the new […]
Govt hikes petrol price by Rs12.90, HSD by Rs3.72
LAHORE MIRROR — The government on Monday increased the prices of petrol by Rs12.90 per litre and high-speed diesel (HSD) by Rs3.72 per litre, respectively. Following the revision, petrol will retail at Rs358.77 per litre while HSD will cost Rs381.77 per litre. The government continues to levy Rs114 per litre in taxes and duties on [...]
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Total News Sources11
Leaning Left0Leaning Right2Center1Last UpdatedBias Distribution67% Right
Bias Distribution
- 67% of the sources lean Right
67% Right
C 33%
R 67%
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