Friday July 29, 2022

Prices of Petrol and Gas Likely To Increase For the Next Fortnightly

ISLAMABAD: Petrol and diesel prices may rise by Rs10-17 per liter beginning August 1, 2022,

According to sources, a hike of Rs10 in petrol and Rs16-17 in diesel prices has been estimated without the inclusion of the petroleum levy (PL).

And if the government increases the petroleum levy of Rs5 per litre on petrol, then Mogas prices have been projected at Rs15 per litre and diesel at Rs23 per litre.

The government likely to increasing the prices despite the fact that prices for petroleum products and crude oil have remained relatively stable. The increase has been estimated because the exchange rate has gone haywire.

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