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Govt raises petrol price by nearly Rs26 citing ‘global rise in prices

ISLAMABAD: The relief provided to the people of Pakistan during the Covid-19 pandemic in the shape of reduced petrol price appears to be short-lived as the federal government on Friday hiked its price by Rs25.58 to Rs100.10 per litre for the month of July 2020.

The price of petrol (motor spirit) has been raised by a whopping Rs25.58 to Rs100.10 per litre from the existing Rs74.52, an increase of 25.6 per cent, according to a Finance Division press release.

The price of high-speed diesel (HSD) has been hiked to Rs101.46 per litre from the current price of Rs80.15, a jump of Rs21.31.

The new price of kerosene oil (SKO) will be Rs59.06, a rise of Rs23.50 over the existing Rs35.56.

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