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Pakistan’s petrol prices may rise on 1st August 2022

haseeb by haseeb
July 29, 2022
in News
0
Petrol prices
ISLAMABAD –  On August 1st, petroleum prices are set to increase by Rs10 to Rs17 per liter.

The rise has been estimated due to the erratic exchange rate.

A price increase of Rs10 for fuel and Rs16-17 for diesel has been projected without the petroleum levy (PL).

Moreover, if the government increases the petroleum duty by Rs5 per liter on petrol, Mogas prices are expected to reach Rs15 per liter and diesel prices will reach Rs23 per liter.

 

Petrol prices
A boost in dealers’ margins (DMs) on POL prices by Rs2.10 per liter on petrol and Rs2.87 per liter on diesel to Rs7 per liter was approved on Thursday by the ECC in this city.

Moreover, if the federal cabinet approves this proposal over the next two days, the rise in dealers’ margins will go into effect on August 1, 2022.

Tags: Pakistan's petrol prices may risePetrol prices

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