Petrol price in Pakistan increased again by Rs4.13

Petrol price in Pakistan increased again by Rs4.13, with the announcement of a Rs4.13 per litre hike in petrol prices, a significant development occurs as the caretaker administration led by Prime Minister Anwaarul Haq Kakar approaches the conclusion of its term.

This modification, which is in effect until 15 March and was approved by the Pakistani government and the Oil and Gas Regulatory Authority (OGRA), reflects the continuous difficulties in overseeing the nation's energy industry, High-speed diesel (HSD) costs stay the same at Rs287.33 per litre while petrol prices increase to Rs279.75 per litre.

Their mandate is coming to a close as an elected prime minister is ready to assume office with this decision, the third hike in a row made during the interim administration. The timing of the increase in the face of regional geopolitical concerns and variations in the price of oil globally