Govt revises prices of petroleum products for next fortnight

Government Revises Petroleum Prices for the Next Fortnight

Islamabad: The government has announced revised prices for petroleum products for the next 15 days. According to a notification from the Ministry of Finance, the new prices will come into effect from midnight tonight.

Petrol and Diesel Prices

As per the official announcement:

Petrol price has been [increased/decreased] to [new price] per litre.

High-Speed Diesel (HSD) will now cost [new price] per litre, following an [increase/decrease].

Prices of other products, such as kerosene and light diesel, have also been slightly adjusted.

Public Reaction and Impact

The price changes have drawn mixed reactions from the public and the transport sector. Many citizens expressed concerns, saying that frequent fluctuations in fuel prices are exacerbating the rising cost of living.

Expert Opinions

Economic analysts believe the adjustments were inevitable due to fluctuations in global crude oil prices and the depreciation/appreciation of the Pakistani Rupee.

These revised prices will remain in effect for the next 15 days, after which the government will review the situation again.

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