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Business & Finance

Pakistan govt hikes petrol price by Rs6.51, diesel by Rs19.39 per litre

  • New prices come into effect from May 1
Published Updated

The government of Pakistan on Thursday increased the prices of petroleum products, raising petrol by Rs6.51 per litre and high-speed diesel by Rs19.39 per litre.

According to a notification issued by the Ministry of Energy (Petroleum Division), the price of petrol (motor spirit) has been set at Rs399.86 per litre, up from Rs393.35.

The price of high-speed diesel has been increased to Rs399.58 per litre from Rs380.19.

The revised prices will come into effect from May 1 across the country.

The move comes hours after the ministry rejected viral reports claiming that petrol pumps across the country would shut down from May 1, terming them baseless and misleading.

In a statement, the Petroleum Division said the supply of petroleum products remains uninterrupted, and there are no plans for any closure of fuel stations.

It urged the public to avoid spreading panic based on unverified information, warning that such negative propaganda only creates unnecessary anxiety among citizens.

The division said that since the onset of tensions in the Middle East, fuel supply in the country has continued without disruption and remains stable.

It added that the government is taking all necessary measures to ensure consistent availability of petroleum products in the future as well.

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