Finance Minister Senator Ishaq Dar announcing the new prices of petroleum products in a televised address. — Screengrab/PTV News

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Finance Minister Senator Ishaq Dar announcing the new prices of petroleum products in a televised address. — Screengrab/PTV News

Following the devaluation of the rupee against the dollar, Finance Minister Ishaq Dar Sunday announced that the price of petrol and diesel will go up by Rs35 from 11am today.

Meanwhile, the prices of kerosene oil and light diesel oil have been increased by Rs18.

Commodity  Existing prices
w.e.f
16.01.2023
New prices
w.e.f
29.1.2023 (11am)
Increase/Decrease (in rupees)
Petrol  Rs214.80 Rs249.80 +35
Diesel  Rs227.80 Rs262.80 +35
Kerosene oil Rs171.83 Rs189.83 +18
Light diesel oil Rs169 Rs187 +18

The increase comes after the rupee hit a historic low against the dollar following the removal of the unofficial cap on the greenback. 


This is a developing story and is being updated with more details.

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