The federal government has issued a notification announcing an increase in petroleum product prices.
According to the notification released by the Petroleum Division, the prices of petrol and diesel have been raised by Rs26.77 per litre. Following the increase, the new price of petrol has been set at Rs393.35 per litre, while diesel will now cost Rs380.19 per litre.
The Petroleum Division stated that the revised prices of petrol and diesel will come into effect from midnight. Earlier, Prime Minister Shehbaz Sharif had announced a significant reduction in fuel prices during a televised address to the nation, unveiling one of the steepest diesel price cuts in recent months alongside a petrol price decrease.