The government of Pakistan revises fuel prices twice a month. The new prices are implemented every 1st and 16th; you know the drill. Last time the government increased petrol price by Rs. 5.4 per liter on July 16. The month of August is here, and, as expected, we have received another hike in petrol price with effect from August 1.
As per the notification, the government has increased the petrol price by Rs. 1.71 and kerosene oil price by Rs. 0.35, with no changes in diesel and light diesel prices.
Old Prices
As per the old petroleum prices in Pakistan, petrol was at Rs. 118.09 per litre, diesel, light diesel, kerosene oil were at Rs. 116.53, Rs. 84.67, and Rs. 87.14, respectively.
New Prices
After the government increased the petroleum prices, the new petrol price has become Rs. 119.80, and the new kerosene oil price is Rs. 85.75. The prices of diesel and light diesel are the same, Rs. 116.53 and Rs. 84.67, respectively. The new prices are now in effect.
![New Petrol Price]()
4th Petrol Price Hike in a Row
4th Petrol Price Hike in a RowThis is the 4th petrol price hike in Pakistan in the span of two months. First, the government increased the petrol price by Rs. 2.13 per liter on June 16, then by Rs. 2 per liter on June 30, then by Rs. 5.4 on July 15, and now by Rs. 1.71 on August 1.
In a way, this is the least price jump of all. Still, the rising curve of petrol prices cannot be ignored. The increasing petroleum prices are a pain for every Pakistani. However, it’s not only us. The petrol prices are on the rise in most international markets, so everyone’s under the grind.
Did you see this one coming or did you expect the government to go easy on the public? What do you think will happen on the next revision of petrol prices? Another hike or no hike?
