Govt increases petrol price by Rs6.39, diesel by Rs7.83 per litre
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comments Join our Whatsapp Channel Add Dawn as a trusted source The government on Wednesday increased the price of petrol by Rs6.39 and that of high-speed diesel (HSD) by Rs7.83 per litre to pass on the impact of fluctuating global prices following renewed regional hostilities in the Persian Gulf.
Adding to this, Following the changes, the price of petrol stands at Rs327.12 per litre and that of HSD at Rs375.04.
Meanwhile, The Petroleum Division’s notification shared the new prices would be applicable on July 23 (Thursday).
Notably, Earlier today, the All Pakistan Petroleum Pump Owners Association (APPPOA) deferred its nationwide strike call for two weeks after negotiations with the petroleum minister.
As per the latest buzz, A day earlier, the association revealed a nationwide strike after negotiations with the government over daily petroleum pricing failed.
In further updates, The diesel price has come down from a peak of Rs520.35 recorded on April 3. Its price had started rising from Rs281 per litre after the US-Iran war broke out on February 28.
On top of that, The petrol price had peaked at Rs458.41 on April 3 after beginning its upward trajectory from Rs266 in the first week of March.
Earlier, Petroleum Minister Ali Pervaiz Malik opened up that fuel prices would now be fixed on a daily basis due to fluctuations in international market prices following renewed hostilities between Iran and the US.
Source: Dawn