Govt increases petrol price by Rs 9.66 per liter to Rs289.41 per liter

ISLAMABAD (APP) - The government increased the petrol price by Rs9.66 per liter and reduced high-speed diesel by Rs3.32 per litre during the next fortnight starting from April 1, 2024.

The petrol price was fixed at Rs 289.41 per litre as against its existing price of Rs 279.75 per litre. However, the price of high-speed diesel was reduced by Rs 3.32 per litre which would be available at Rs 282.24 per litre as compared to its previous price of Rs 285.56 per litre.

It press release issued by the Finance Ministry said that the prices of petrol has increased in the international market during the last fortnight, while the price of HSD has marginally declined. The government has accordingly decided to revise the existing consumer prices of petroleum products, it said adding that the above price adjustments are in line with government’s policy of passing on the variations of prices in the international market to the domestic market.

It further said that the consumer price of HSD has accordingly been decreased once again, after a downward revision in the middle of March, 2024.