In a surprising move, the federal government has announced a Rs. 1 per litre increase in petrol prices while keeping diesel rates unchanged for the next fortnight.
New Fuel Prices (Effective Immediately)
| Fuel Type | Previous Price (Rs.) | New Price (Rs.) | Change |
|---|---|---|---|
| Petrol | 252.63 | 253.63 | +1.00 |
| Diesel (HSD) | 254.64 | 254.64 | No change |
What This Means for Consumers
This increase comes at a challenging time for many households already struggling with inflation:
- Higher transportation costs will likely lead to increased prices for goods and services
- The average car owner will spend about Rs. 50-100 more per tank
- Rickshaw and taxi fares may see subsequent increases
International vs. Local Pricing
Contrary to global trends, this price hike comes despite:
- 1.3% decline in WTI and Brent crude oil prices
- Recent reduction of diesel prices by Rs. 2 per litre in last review
"This decision seems to go against international market trends," noted energy analyst Dr. Farhan Ahmed.
Recent Price History
| Date | Petrol Change | Diesel Change |
|---|---|---|
| 16 May | No change | -2.00 |
| 1 June | +1.00 | No change |
What's next? The government will review prices again on June 15. Economists suggest further adjustments may come depending on global oil markets and currency exchange rates.