Proposed Price Adjustments
According to proposed calculations:
Petrol price may increase by Rs5.13 per litre, raising it to approximately Rs263.30 per litre.
High-speed diesel (HSD) is projected to rise by Rs6.80 per litre, potentially reaching Rs282.50 per litre.
In the previous review, the federal government had fixed petrol at Rs258.17 per litre and high-speed diesel at Rs275.70 per litre.
Global Oil Prices on the Rise
Internationally, the price of Brent crude oil has increased by around 3.21ver the past two weeks, climbing from $68.18 to $70.37 per barrel.
Officials say the increase in global oil prices, along with a slight rise in import premiums, has contributed to the anticipated hike in domestic fuel prices.
The final decision on revised petroleum prices will be announced by the government ahead of the new pricing cycle.