Proposals for a revision in petroleum product prices have emerged, with an increase expected to take effect after midnight, subject to final government approval.
According to sources, the price of petrol may rise by Rs. 4.39 per litre, potentially bringing the new rate to Rs. 257.56 per litre. Meanwhile, high-speed diesel is likely to increase by Rs. 5.40 per litre, raising its expected price to Rs. 273.78 per litre.
In addition, light diesel oil could see a hike of Rs. 6.55 per litre, while kerosene oil may become Rs. 4 per litre more expensive.
Officials indicate that the final decision will be made after approval from Prime Minister Shehbaz Sharif. The revised prices, once approved, will be formally announced by the government.
Fuel price adjustments are typically linked to changes in international oil markets and currency fluctuations, and any increase could have a broader impact on transportation and commodity costs nationwide.
