Govt increases petrol, diesel prices in latest review
- The Federal Government increased the price of petrol by Rs3.47, setting the new rate at Rs256.13 per litre, effective from January 16 for the next fortnight.
- The price of high-speed diesel has been increased by Rs2.61, bringing it to Rs260.95 per litre, effective from January 16.
- These price adjustments reflect fluctuations in global oil markets, particularly due to US sanctions on oil exports to China and India.
- The latest prices will remain enforced until January 31, as stated in the notification from the Finance Ministry.
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