The possibility of increase in the prices of petroleum products before the elections

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The possibility of increase in the prices of petroleum products before the elections

Before the general elections, the possibility of an increase in the price of petroleum products in the country is being shown.



According to the report, the caretaker government may increase the prices of petrol and diesel by Rs 7 per liter from January 31 to February 15, but the final decision will be taken after the proposal of OGRA.

Experts say that during the last week in the Middle East, due to the attacks on ships in the Red Sea by the Houthi rebels, the price of oil has increased. will be at the cost of


In the international market, the price of petrol has increased from 83 dollars to 89 dollars in the last one week, while the price of high speed diesel has also increased from 93 dollars to 97 dollars per barrel. Crude oil has also increased from $76 to $80 per barrel.

Experts say that the price of petrol and diesel in Pakistan is expected to increase less due to the stabilization of the rupee against the US dollar, otherwise the price could have gone up more.

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