Eid Gift, Petrol Prices expected to rise Rs 10-11 per liter

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Islamabad: 30 March 2024: Petrol prices are expected to rise by approximately Rs10-11 per litre ahead of Eidul Fitr, reaching around Rs290 per litre, due to higher import premiums and global prices.

However, the price of high-speed diesel (HSD) is likely to decrease by up to Rs2 per litre. This increase in petrol prices is attributed to a rise in the import price of petrol by about $4 per barrel, along with an increase in its import premium to $13.5 per barrel from $12.15 a fortnight ago, influenced by the geopolitical situation.

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