KARACHI – The petrol value is anticipated to extend by Rs7 per litre from November 1 as a consequence of steady depreciation of the Pakistani forex.
Nonetheless, the diesel value is prone to improve as much as Rs9 per litre. Fluctuations in imported oil costs in the course of the subsequent 5 days will decide the ultimate value.
The federal government had introduced an enormous value hike in petroleum merchandise, rising the per litre price of petrol by Rs10.49 and high-speed diesel by Rs12.44 for the following fortnight on October 16.
The rise in POL merchandise was notified a day after the federal government hiked energy tariff by Rs1.39 per unit which might come into impact from subsequent month.
Based on a notification issued by the Ministry of Finance, the value of kerosene oil had been elevated by Rs10.95 per litre whereas mild pace diesel had acquired costlier by Rs8.84 per litre.