Petrol price reaches record high of Rs233.89 in Pakistan

Petrol price reaches record high of Rs233.89 in Pakistan.

• Starting June 16, price of petrol will be Rs233.89 per litre.
• Diesel will be for Rs263.31 while kerosene oil for Rs211.43.
• Meanwhile, price of light diesel oil will be Rs207.47.

Federal Finance Minister of Pakistan Miftah Ismail on Wednesday announced that the Pakistani government was not in a position to bear subsidies on petroleum products anymore, therefore, it has decided to increase the prices of petrol by Rs24.03, taking it to the record high of Rs233.89 per litre.

Starting from June 16, the price of petrol will be Rs233.89 per litre, diesel will be Rs263.31, kerosene oil will be sold for Rs211.43, and the price of light diesel oil will be Rs207.47, the minister announced.