The Federal Government of Pakistan is reportedly increasing the price of petrol by up to PKR 5 per liter for the month of July 2019.
As per the details, the prices are being revised due to the devaluation of rupee against the US Dollar as well as hike in the prices of crude oil in the international market. However, while talking to PakWheels.com an industry expert said that there is a high probability that the government might not increase the oil prices in an aim to give relief to the general public.
The authority will take the final decision on oil prices on 30th June 2019.
The current prices are as follows:
Petrol: PKR 112.68 per liter
High-speed diesel: PKR 126.82 per liter
Kerosene oil: PKR 98.46 per liter
Light-speed diesel: PKR 88.62 per liter
Note that due to the devaluation of rupee local automakers such as Honda, Al-Haj FAW, Isuzu and Pak Suzuki have already increased the rates of their products.
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