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Tuesday, Oct 07, 2025


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Business News

    Title: Petroleum price hike challenged in Lahore High Court
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    Petroleum Price Hike Challenged In Lahore High Court 73838
    Description:

    In yet another miscellaneous petition, filed in the high court, the Judicial Activism Panel prayed to the court to declare the recent hike in prices null and void.

    It is reminded here that applications filed against the hike in POL prices have been pending in the LHC for the last two years.

    The federal government had on Tuesday increased the price of petrol by Rs4.07 per liter and that of high-speed diesel (HSD) by Rs4.04 per liter for the next fortnight.

    According to the press release issued by the Finance Division, the petrol price has now gone up to Rs268.68 per liter from Rs264.61 per liter.

    Meanwhile, the price of diesel has jumped to Rs276.81 per liter from Rs272.77 per liter.

    It added that it decided on these new rates upon the recommendations from the Oil and Gas Regulatory Authority (Ogra) and the relevant ministries.

    One day later on Wednesday, the Ministry of Finance issued a notification regarding an increase in the price of kerosene oil by Rs5.01 per liter, with effect from October 1, 2025, for the next fortnight.

    As per the notification, the new price of kerosene oil is Rs184.97 per liter after an increase of Rs5.01 per liter.

    Earlier, the price of kerosene oil was fixed at Rs178.96 per liter.


    Published Date: 04-Oct-2025
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