Islamabad: The government has announced a revision in petroleum prices for the upcoming fortnight, effective immediately. According to a notification from the Finance Division, the price of petrol has been increased by one rupee per liter. Meanwhile, the rate for high-speed diesel remains unchanged.

The decision follows a routine review of global oil prices and domestic economic conditions. The adjustment in petrol prices is expected to impact transportation costs, influencing daily commuters and commercial transport services.

The Finance Division’s notification did not provide details on the factors influencing the decision to maintain diesel prices. Analysts suggest that stable diesel rates could be aimed at supporting the agricultural and trucking sectors, which heavily rely on diesel fuel.

The price revision comes amid fluctuating international oil markets, where prices have shown volatility due to various global economic factors. The government’s decision reflects its ongoing strategy to balance economic pressures while ensuring fuel availability at competitive rates.