ISLAMABAD: Pakistan is set to face another sharp increase in petroleum prices, with petrol expected to reach Rs100 per litre in the coming days.
According to sources, the federal government has decided to pass on the rising cost of crude oil from the global market to consumers. The current price of petrol is around Rs100 per litre below its actual import cost, while diesel is more than Rs200 per litre cheaper than its real price.
A major upward adjustment is expected soon, which will add further pressure on families already struggling with high inflation. The new rates will be announced through an official government notification.
Biggest Price Jump in Recent Months
This steep rise comes after tensions in the Middle East pushed global oil prices higher. In just the past month, petrol prices in Pakistan have increased by Rs63 per litre. High-speed diesel has gone up by Rs60.16 per litre, rising from Rs275.70 to Rs335.86 during the same period.
If the planned increase is implemented, it will be one of the largest month-on-month hikes in recent years. Ordinary citizens will feel the impact as fuel costs go up significantly.
Consumers are being advised to prepare for higher expenses at petrol pumps in the next few days.
