Business Desk 
Apr 15, 2024
Fuel station worker filling petrol in a motorcycle at a petrol pump in Hyderabad on Sunday, January 29, 2023. — PPI
The federal government is expected to increase the petroleum product price in Pakistan by up to Rs8.50 per litre on Monday (April 15) for the next fortnight as it will pass on the burden of rising petrol prices in the international market to the consumers.
According to a report published by Dawn.com, the government will raise the petrol price by Rs2.50 per litre while the price of high-speed diesel (HSD) will be increased by Rs8.50 per litre.
Sources told the publication that the petrol and diesel price rose by $4 and $4.50 per barrel in the international market during the last fortnight due to which prices will be increased in the local market as well.
Read more: Petrol price calculator for Pakistan — Here's how much it will cost you to fill your fuel tank
It should be noted that almost a fortnight ago, the government had increased the price of petrol by Rs9.66 per litre and reduced that of high speed diesel by Rs3.32 per litre for the fortnight ending April 15. Petrol is currently available at Rs289.41 per litre; while HSD is available at Rs282.24 per litre, respectively.
It should be noted that the petrol price in Pakistan is revised every 15 days adjusting them to the trend of global oil prices and the rupee’s exchange rate to the dollar.
