ISLAMABAD: The federal government has announced an increase in the prices of petroleum products for the next fortnight, raising the price of petrol by Rs3.47 per litre, effective from January 16, according to a notification issued by the Finance Division on Wednesday.
The price of high-speed diesel (HSD) has also been increased by Rs2.61, taking it from Rs258.34 to Rs260.95 per litre.
The notification stated that the Oil & Gas Regulatory Authority (OGRA) adjusted prices in response to international market fluctuations over the last two weeks.
This marks the second hike in January 2025, following an increase of Re0.56 per litre on New Year’s Eve.