Government Increases Price of Petroleum Products by PKR 6!

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It looks like 2018 has not been lucky at all for automotive fanatics! The year started with an increase in the petrol prices, followed by an increase in the price of imported auto parts which eventually made assembled cars more expensive.

Tecno Camon 12 Air

It doesn’t stop there, the government has once again increased the price of petroleum products effective from today (February 1st) onwards.

PTCL

The following are the revised prices for the products:

  • Price of petrol increases by Rs 2.98 per liter, now at Rs 84.91 per liter
  • Price of diesel has been increased by Rs 5.92, new price PKR 95.83
  • Price of Light Diesel Oil has also gone up by Rs. 5.93/L, new price PKR 64.30
  • Price of Kerosene has increased by Rs. 5.94/litre, now priced at Rs70.26 per liter

The prices have now reached an all-time high in the last 5 years.

“We will not stand for the economic murder of the country,” Bilawal Bhutto

He added, the economic attack by Pakistan Muslim League-Nawaz will be combated.

This is now the second time in the year when the price has shot up on these products by the government. It has caused a situation of stress for consumers as the common man is finding it harder and harder to deal with the price increases on a daily basis.

Social Media Reaction to Hike in Price

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