Finance Minister Miftah Ismail on Thursday announced that the federal government has decided to raise the prices of all petroleum products barring one by another Rs30 — just a week after making a similar increase. After the latest round of hikes, petrol will be priced at Rs209.86, diesel at Rs204.15, kerosene oil at Rs181.94 and light diesel at Rs178.31.
The federal government on Friday hiked price of petrol by Rs25.58 to Rs100.10 per litre for the month of July 2020. The government had provided relief to during the COVID-19 pandemic almost two months ago, when petrol prices were significantly reduced. The price of diesel has gone up to Rs101.46 per litre from the existing Rs80.15, relfecting an increase of Rs21.31.