Pakistan braces for another fuel blow as global oil surge threatens petrol, diesel price hike
Islamabad, July 10 -- The petrol and diesel prices in Pakistan are likely to witness a rise due to recent surge in crude oil rates in global market, ARY News reported.
The price of petrol is expected to increase by Rs 13, whereas the rates of high-speed diesel can be hiked by Rs 14, ARY News reported citing sources.
Pakistani PM Shehbaz Sharif may give the final approval for the revised petroleum rates following the new rates of petrol and diesel being announced.
On June 28, the Pakistani government increased the petroleum levy on petrol and high-speed diesel (HSD) while leaving retail fuel prices unchanged for another week, despite a decline in international oil prices, The Express Tribune reported.
According to The Express Tribune, ...
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