Petrol price may go up by Rs6 per litre

By: News Desk
Published: 03:25 PM, 28 Jan, 2022
Petrol price may go up by Rs6 per litre
Caption: File photo.
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The petrol price in Pakistan is expected to be raised by six rupees as the international prices have touched a seven-year high on Friday, reported 24NewsHD TV channel.

The soaring international rates have also spurred the ex-factory cost of petroleum products, giving room to the possibility that the petrol price in Pakistan may be raised by Rs5.85 per litre, taking the one-litre to above Rs150 for the first time in the country’s history.

In the international market, London brent oil has touched its highest level in seven years which was $88 per barrel.

Sources in the refinery said that this will certainly impact Pakistan and the prices of petroleum products here may skyrocket by up to Rs10.72 per litre.

Diesel price may go up by Rs10.72 per litre, kerosene oil Rs10.03 per litre and light speed diesel Rs9.17 per litre. 

It may be mentioned here that the prices will cost dearly if the government retained the petroleum levy and sales tax on the petroleum products.

Reporter Ashraf Khan