The federal government has once again increased petroleum prices, putting more pressure on the public already dealing with rising expenses. According to the latest notification, both petrol and high speed diesel have been increased by Rs. 26.77 per litre. After this hike, the price of petrol has reached Rs. 393.35 per litre, while diesel is now being sold at Rs. 380.19 per litre across the country.
This decision was taken after approval from the Prime Minister, and the new rates have come into effect immediately. Such revisions are usually made as part of the government’s regular pricing cycle, which is often reviewed after a certain period depending on global oil prices and economic conditions. However, the size of this increase has surprised many people.
For ordinary citizens, this increase means higher daily expenses. Petrol is mainly used in motorcycles and cars, so people who travel daily for work or studies will feel the impact immediately. On the other hand, diesel plays a major role in transportation of goods, agriculture machinery, and public transport. This means that the price hike will not just affect fuel costs, but also lead to higher prices of vegetables, fruits, and other essential items.
Small business owners, delivery riders, and transporters are among the most affected groups, as their earnings are directly linked to fuel costs. In cities like Karachi, Lahore, and Islamabad, where commuting is a daily necessity, this increase adds further financial pressure.
