Petrol and Diesel Prices Increased Again: Latest Rates Announced by Finance Division
The federal government has announced yet another hike in petroleum prices, affecting both petrol and high-speed diesel, as part of the latest fortnightly review.
New Fuel Prices Effective Immediately
According to a notification issued by the Finance Division, the updated prices are as follows:
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Petrol: Increased by Rs. 5.36 per liter, now priced at Rs. 272.15
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High-Speed Diesel (HSD): Increased by Rs. 11.37 per liter, now priced at Rs. 284.35
Recent Fuel Price History
This marks the third consecutive increase in fuel prices over recent weeks:
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Previous Review:
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Petrol was raised by Rs. 8.36, reaching Rs. 266.79
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Diesel was increased by Rs. 10.39, reaching Rs. 272.98
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Mid-June Review:
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Petrol rose by Rs. 4.80 per liter
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Diesel jumped by Rs. 7.95 per liter
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What This Means for Consumers
The back-to-back fuel price hikes are expected to impact transportation costs, inflation, and daily living expenses for households and businesses alike. Experts anticipate a ripple effect on the prices of essential commodities and public transportation fares.