Govt keeps petrol, diesel prices unchanged for next 15 days

Islamabad (Web Desk): In the previous fortnight review, the government had reduced the price of petrol by Rs10.28 per litre and high-speed diesel by Rs8.57.

Petrol is primarily used by commuters in small vehicles, rickshaws, and two-wheelers. Higher fuel prices have a significant impact on the budgets of middle and lower-middle-class households, who depend on petrol for daily travel.

On the other hand, a substantial portion of the transport sector relies on high-speed diesel. Its price is considered inflationary since it is predominantly used in heavy goods transport vehicles, trucks, buses, trains, and agricultural machinery such as tractors, tube wells, and threshers.

The consumption of high-speed diesel particularly contributes to the rising prices of vegetables and other food items.

In light of these factors, the federal government has decided to maintain the petrol price at Rs253.17 per litre for the next fortnight, starting from January 16.

According to a notification from the Petroleum Division, both petrol and high-speed diesel will remain unchanged at Rs253.17 and Rs257.08, respectively, until the end of January.