Pakistan may witness a hike in petrol prices on Monday (April 15) for the next fortnight.
As per details, petrol and HSD had increased in the international market by about $4 and $4.50 per barrel, respectively.
The price of petrol currently sits at Rs289.41 and is projected to be higher by Rs2.50 to Rs2.80 and that of HSD to go up by Rs8 to Rs8.50 per litre.
It is worth mentioning here that, the government had increased the price of petrol by Rs9.66 per litre and reduced that of high speed diesel (HSD) by Rs3.32 per litre for the fortnight ending April 15.
Fuel prices are announced by the government every fortnight. The are dependent on a number of factors including international prices and the rupee’s exchange rate.
