2 weeks ago
Pakistan Petrol Price Crosses Rs 331, Diesel Hits Rs 390
Pakistan is a country in South Asia.
The government there decides how much people pay for fuel like petrol and diesel.
On Monday, the government said fuel prices would go up.
Petrol now costs 331 rupees for one litre.
That is about 5.77 rupees more than before.
Diesel now costs 390 rupees for one litre.
That is about 6.47 rupees more than before.
The reason is that oil prices around the world are changing a lot.
This can happen because of tensions between countries.
So people in Pakistan will have to pay a little more when they fill up their cars.
Pakistan raised petrol prices by Rs 5.77 per litre, bringing the price to Rs 331.20 per litre.
High-speed diesel increased by Rs 6.47 per litre to Rs 390.42 per litre.
The new prices take effect for August 18, according to a notification from the Petroleum Division.
The revision follows global energy market tensions and fluctuations in international crude prices.
The price hike was announced by Pakistan's Petroleum Division on Monday.
- Who
- Pakistan's Petroleum Division and Pakistani fuel consumers
- What
- A fuel price hike raising petrol to Rs 331.20 and high-speed diesel to Rs 390.42 per litre
- Where
- Pakistan
- When
- August 18, announced on Monday
- Why
- Global energy market tensions and fluctuations in international crude prices
Key facts
- Petrol price
- Rs 331.20 per litre
- Petrol increase
- Rs 5.77 per litre
- High-speed diesel price
- Rs 390.42 per litre
- High-speed diesel increase
- Rs 6.47 per litre
- Effective date
- August 18
- Issuing authority
- Petroleum Division of Pakistan
- Reason for hike
- Global geopolitical tensions and crude price fluctuations
Sources
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