Govt keeps petrol, diesel prices steady

MG News | March 27, 2026 at 11:45 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

March 27, 2026 (MLN): The government has decided to keep petrol and high-speed diesel prices unchanged, despite recommendations for a substantial increase, in a move aimed at providing relief to consumers amid rising inflation.

Petrol prices were advised to be increased by Rs93 per litre and high-speed diesel by Rs203 per litre, showing sharp adjustments based on global oil price trends and exchange rate impact.

However, the government opted against passing on the full burden to the public.

To maintain current fuel prices, the government will absorb a financial impact of approximately Rs56bn for the latest fortnight.

This decision adds to the cumulative fiscal strain, with the total burden borne by the government reaching around Rs125bn.

Prime Minister Shehbaz Sharif declared on Friday that he had rejected another recommendation for an increase in petrol and HSD prices. He made the declaration during an address to the nation.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	179,927.05 365.01M	-1.27% -2314.73
ALLSHR	109,270.69 838.76M	-1.19% -1312.98
KSE30	53,705.71 89.34M	-1.33% -726.00
KMI30	253,531.92 109.38M	-1.32% -3382.29
KMIALLSHR	70,152.63 543.97M	-1.25% -888.68
BKTi	50,997.50 18.73M	-1.38% -715.26
OGTi	36,216.08 8.18M	-1.21% -443.50

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	63,185.00	64,680.00 62,605.00	-900.00 -1.40%
BRENT CRUDE	78.54	79.80 77.28	2.53 3.33%
RICHARDS BAY COAL MONTHLY	105.75	0.00 0.00	-1.15 -1.08%
ROTTERDAM COAL MONTHLY	118.00	0.00 0.00	0.65 0.55%
USD RBD PALM OLEIN	1,135.00	1,135.00 1,135.00	0.00 0.00%
CRUDE OIL - WTI	73.83	75.08 72.61	2.42 3.39%
SUGAR #11 WORLD	14.71	14.98 14.65	-0.17 -1.14%