Islamabad:
According to details, the Ministry of Finance has received suggestions to increase the prices of petroleum products. Suggestions were sent to the Ministry of Finance by the Petroleum Division. Sources said that in the summary, an increase of Rs 2.50 per liter has been proposed in the price of high speed diesel.
It has been recommended to increase the price of petrol by 50 paisa per liter. In addition, it has been proposed to increase the rates of light diesel by Rs 1 per liter and the price of mud killing by Rs 1 per liter. After receiving the summary, the Finance Ministry will consult with Prime Minister Imran Khan. The Finance Ministry will take the final decision after consultation with Prime Minister Imran Khan.
After which the new prices of petroleum products will be implemented from August 16. It may be recalled that due to falling prices in the global market, the possibility of reduction in the prices of petroleum products in Pakistan was also being shown. The world market has seen a sharp decline in oil prices, with crude oil prices falling to ڈالر 7 a barrel, after which the price of crude oil in the Brent oil market has now fallen to اع 69.4 a barrel In the TI market, the price of crude oil has reached 69 69.48 per barrel, while a few days ago, crude oil was being sold at 76 76 per barrel in the world market.
After which it was indicated that after the fall in prices in the global market, the prices of petroleum products at the local level will also come down. It may be recalled that the government had announced a revision in the prices of petroleum products from August 1. Special Assistant Shahbaz Gul said that the price of petrol was increased by Rs 71 per liter and the price of diesel was not increased because diesel The common man and the farmer are more affected by the increase in prices.
Special Assistant Shahbaz Gul announced in his tweet on Twitter that on the recommendation of OGRA, the price of petrol is being increased by Rs 1.71 per liter while the price of diesel is not being increased at all. The general public and farmers are more affected by the increase in prices, so the summary of the increase in diesel prices has been rejected. Shahbaz Gul added that according to the data of July 26, the price of petrol in 27 countries of the world is lower than Pakistan and in 140 countries more than Pakistan. The average price of petrol in the world is 1. 1.19 per liter but the price of petrol in Pakistan is 0. 0.72. Per liter, the world’s petroleum products increased by 47% but in Pakistan it increased by 11%.
