Petrol and Diesel Expected to Become More Expensive
Web Desk
|
4 months ago
LAHORE – In another blow to inflation-stricken citizens, the government is preparing to increase petrol and diesel prices from July 1, with a sharp hike expected over the next 15-day review period.
According to sources in the Petroleum Division, the price of diesel is expected to rise by up to Rs 15 per litre, while petrol may see an increase of around Rs 11 per litre.
The Oil and Gas Regulatory Authority (OGRA) is set to send a price summary to the Ministry of Petroleum today. Following this, the new fuel prices will be officially announced tonight, subject to approval by the finance minister in consultation with the prime minister.
The expected price hike is being attributed to a rise in global crude oil prices and devaluation of the Pakistani rupee, both of which have increased import costs for petroleum products.
Severe Drought in Iran, Mashhad Faces Major Water Shortage
Severe drought in Iran has created a worrying situation across the country. After the capital city Tehran, the second-largest city…
Iranian President Masoud Pezeshkian Tells U.S.: Tehran Won’t Abandon Nuclear and Missile Programs
Tehran : Iranian President Masoud Pezeshkian has delivered a strong message to the United States, saying that while Tehran seeks…Hamas Hands Over Another Hostage’s Body to Israel Under Peace Agreement
The Palestinian resistance group Hamas has handed over another Israeli hostage’s body to Israel as part of the peace agreement…Turkey Issues Arrest Warrants Against Netanyahu Over Gaza Genocide
Turkey has issued arrest warrants against Israeli Prime Minister Benjamin Netanyahu and other senior officials for Gaza genocide and crimes…
Punjab CM Maryam Nawaz Launches Major Health and Digital Empowerment Program
Lahore — Punjab Chief Minister Maryam Nawaz Sharif has unveiled a historic initiative to enhance healthcare, safety, and digital empowerment…Rapid increase in HIV cases among children in Nawabshah
A serious health concern has come to light in Sindh, as officials have reported a rapid increase in HIV cases…
Dengue and Malaria Cases Continue to Rise in Interior Sindh
Dengue and malaria continue to spread rapidly across Hyderabad and several districts of interior Sindh, as hospitals remain flooded with…
An incident of violence against polio workers in Karachi
An incident of violence against polio workers in Karachi took place in FB Area Block 14, Goharabad. A team giving…
PIA’s Boeing 777 Windshield Broke Again, Plane Grounded Jeddah
PIA’s Boeing 777 windshield broke again, forcing the aircraft to…47 minutes agoSevere Drought in Iran, Mashhad Faces Major Water Shortage
Severe drought in Iran has created a worrying situation across…2 hours agoJUI-F Chief Maulana Fazlur Rehman Leaves Karachi for Dubai
Jamiat Ulema-e-Islam (JUI-F) Chief Maulana Fazlur Rehman travels abroad as…2 hours ago
Punjab Doubles T-Cash Card Price, Commuters Concerned
The Punjab Transport Department has raised the price of the…1 day ago