Islamabad, March 29 -- The federal government of Pakistan has increased the price of kerosene oil by PKR 4.66 per litre, taking the new rate to PKR 433.40 per litre with effect from March 28, according to a notification issued by the Petroleum Division, The Express Tribune reported on Sunday.

According to The Express Tribune, while kerosene prices saw a fresh hike, the government kept petrol and diesel rates unchanged at PKR 321.17 per litre and PKR 335.86 per litre, respectively, despite ongoing fluctuations in global oil markets.

Authorities indicated that the move was aimed at shielding consumers from international price volatility, even as domestic pricing pressures continue to mount.

According to the notification, the government i...