Islamabad(The COW News Digital)The federal government has announced a reduction in petrol prices while increasing the rate of kerosene oil for the upcoming week beginning June 6.
According to a notification issued by the Oil and Gas Regulatory Authority (OGRA), the price of kerosene oil has been increased by Rs8.70 per litre. The new price of kerosene now stands at Rs280.70 per litre, compared to the previous rate of Rs272 per litre.
In contrast, the government has reduced the price of petrol by Rs4 per litre. Following the adjustment, the new petrol price has been fixed at Rs377.78 per litre. The price of high-speed diesel, however, remains unchanged at Rs380.78 per litre.
The revised rates were issued through a notification by the Petroleum Division, confirming that the changes will take effect for the week starting June 6. Officials said the adjustments were made in line with fluctuations in global oil prices and exchange rate movements.
Just a week earlier, the government had announced a significant reduction of Rs22 per litre in both petrol and diesel prices. That move brought petrol down to Rs381.78 per litre and diesel to Rs380.78 per litre. Prior to those cuts, petrol was priced at Rs403.78 per litre, while diesel stood at Rs402.78 per litre.
The latest mixed adjustment is expected to have varied effects on consumers. While the reduction in petrol prices offers some relief to motorists, the increase in kerosene rates may place additional pressure on households, particularly in rural and colder regions where kerosene is commonly used for cooking and heating.
Energy analysts note that petroleum pricing in Pakistan is reviewed periodically based on international market trends and fiscal considerations. The government aims to balance consumer relief with revenue needs, especially amid broader economic challenges.
Officials have reiterated that fuel pricing decisions are guided by recommendations from OGRA and reflect prevailing global energy costs.
With fuel prices remaining a key concern for households and businesses alike, further adjustments are likely in the coming weeks depending on international oil market movements.
