The federal government has increased the prices of oil products up to RS7.95 per liter, according to a notification issued by the Finance Division on Sunday night.
According to the recommendations of the Petroleum and Gas Regulatory Authority (OGRA) and the relevant ministries, the price of gasoline has increased by RS4.80 per liter, while the price of high -speed diesel (HSD) has increased by RS7.95 per liter.
After the increase, the price of gasoline has increased from RS253.63 to RS258.43 per liter. Similarly, the new HSD price is now RS262.59 per liter, compared to the previous RS254.64.
The prices reviewed came into force immediately as of June 16.
The government cited international market trends as the basis for adjustment. Pakistan fuel prices are checked biweekly, depending on world oil prices and local currency exchange rate.