Islamabad: Petrol prices in Pakistan are likely to increase by up to Rs100 per liter, with the government expected to announce new rates in the coming days.
According to reports, the federal government has made a principled decision to pass on the burden of rising global oil prices to consumers, which may result in a significant increase in petroleum prices.
Sources indicate that there is currently a gap of around Rs100 per liter for petrol and over Rs200 per liter for diesel compared to import costs, prompting consideration of a price adjustment.
The report suggests that a final decision on the proposed increase is expected soon, with an official announcement of new prices anticipated within the next few days.
