Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

CPI Preview: Inflation to fall below 14% YoY in May

Petrol crosses Rs305 mark

Govt revenue from petroleum levy surges 98.5% YoY in 9MFY24
Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp

September 01, 2023 (MLN): The caretaker government on Thursday hiked the petrol and High-Speed Diesel (HSD) prices by Rs14.91 and Rs18.44 per litre to Rs305.36 and Rs311.84 per litre, respectively, according to the notification issued by Ministry of Finance. 

The ministry attributed this notable surge to the increasing trend of prices of petroleum products in the international market and exchange rate variation. 

It is important to note that this is the first time in Pakistan's history the price of petrol and diesel crossed the Rs300 mark.

The new prices are effective from September 01, 2023. 

Copyright Mettis Link News

Posted on: 2023-09-01T00:24:49+05:00