Pakistan, April 3 -- Pakistan has witnessed consecutive increases in petrol and diesel prices, pushing rates to historic highs. As of October 1, 2021, petrol is priced at Rs 127.30 per litre, high-speed diesel at Rs 122.04, and kerosene at Rs 99.31 per litre.Energy & Utilities

The government, citing global crude oil price increases, claims that Pakistan's fuel prices remain lower than many regional countries, especially India and Bangladesh. Energy Minister Hammad Azhar stated that despite price hikes, the government has limited the impact on consumers by gradually reducing taxes and keeping petrol rates below international levels. Finance Minister Shaukat Tarin added that inflation in countries like the UK has been higher than in Pakist...