Govt Increases Petrol Price by Rs4.1, HSD by Rs6.41 per Litre for Sept 16
The new daily pricing mechanism passed higher import costs to consumers, while a relief scheme will cover about 11.8 million beneficiaries.
- On Wednesday, the Petroleum Division fixed petrol at Rs384.34 per litre and HSD at Rs415.83 under Pakistan's daily pricing mechanism, reflecting increases of Rs4.10 and Rs6.41 respectively.
- Oil prices rose nearly $3 on Tuesday after Saudi Arabia's Red Sea port of Yanbu suspended loadings and Libya halted operations at three oil fields, heightening supply concerns.
- Petrol prices surged 24% between July 1 and September 11, while HSD rose 28%, prompting Prime Minister Shehbaz Sharif to announce a relief scheme on Sunday offering Rs100 per litre off.
- The Fuel Relief Scheme launches nationwide at midnight on September 16, covering an estimated 11.8 million beneficiaries including 10 million two-wheeler users and 800,000 three-wheeler users receiving monthly relief.
- Officials noted lower-income consumers face severe economic pressure from higher petroleum prices and resulting inflation, as international oil markets remain vulnerable to OPEC+ decisions and Middle East disruptions in critical shipping routes.
12 Articles
12 Articles
Pakistan considers smart lockdown as diesel prices reach above Rs 415 per litre amid West Asia conflict
According to a notification issued by the Petroleum Division on Tuesday night, the government has increased the price of petrol by Rs 4.10 per litre and high-speed diesel (HSD) by Rs 6.41 per litre.
Petrol Rises By Rs4.10 Per Litre, Smart Lockdown In Talks Once Again?
Petrol prices in Pakistan have witnessed an increase yet again with the government increasing the price of petrol by Rs4.10 and that of high speed diesel (HSD) by Rs6.41 per litre with effect from Wednesday, September 16. After the increase in prices, petrol will be available for sale at Rs384.34 per litre while HSD will […]
Petrol surges by Rs42, diesel by over Rs45 in 15 days
ISLAMABAD: The federal government has raised the prices of petrol and high-speed diesel (HSD) once again, marking the seventh consecutive increase in petroleum prices. Petrol has been increased by Rs4.10 per litre, taking its price from Rs380.24 to Rs384.34 per litre. The price of high-speed diesel has risen by Rs6.41 per litre, from Rs409.42 to […]
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