Kerosene price jumps to record Rs318.81 per litre
“Kerosene has recorded one of the biggest price jumps in Pakistan, reflecting the spillover from global oil market turmoil.”
Key points
- Kerosene has recorded one of the biggest price jumps in Pakistan, reflecting the spillover from global oil market turmoil.
- The move adds to wider domestic fuel cost pressures after recent hikes in petrol and diesel.
The federal government has raised the price of kerosene by Rs130.08 per litre, taking it to Rs318.81 in what Geo News described as a historic increase. The decision came a day after petrol and diesel were also raised, with officials linking the changes to surging global oil prices and the fallout from escalating conflict in the Middle East.
According to the report, the latest review reflects the pressure created by disruptions around the Strait of Hormuz and a rapid shift in Pakistan’s fuel pricing cycle from fortnightly to weekly adjustments. The government also revised the petroleum development levy, increasing it on petrol while reducing it on high-speed diesel.
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