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Business & Finance

Govt increases petrol price by Rs3.72, HSD’s by Rs3.29 per litre

  • New prices come into effect from December 1, 2024
Published Updated

The federal government on Saturday increased the price of petrol by Rs3.72, taking the rate to Rs252.10 per litre.

The price of high-speed diesel (HSD) was raised by Rs3.29 to Rs258.43 per litre, according to a notification from the Finance Division.

Govt keeps petrol, diesel prices unchanged

The price of light diesel oil was decreased by Rs0.48 to Rs151.73, and Kerosene oil by Rs0.62 to Rs164.98 per litre.

The new prices come into effect from December 1, 2024.

Petroleum products’ prices likely to be increased

Earlier, Business Recorder had reported that the country might witness a marginal increase in the petrol and HSD prices amid high tax rates on the petroleum products.

In a previous review, the government opted to absorb the increase in oil prices in IFEM to mitigate inflationary pressures on the general public

Comments

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zh Dec 01, 2024 02:26am
In the world market the prices of petroleum are going down but this government sees it fit to suck more blood of people.
0
KU Dec 01, 2024 12:24pm
Plunder begins when Raj baboos tell the eager-for-lies leaders that ‘’people have financial muscle to bear inflation, taxes, n injustice''. Primate actions focus on everything but economy of scales.
0