Petroleum prices likely to increase by Rs3-4 per litre for April
LAHORE: The petroleum prices for the month of April are likely to go up by Rs3-4 per litre. The petroleum products prices will possibly increase as the rates of crude oil and dollar have increased in the international market.
In the international market, a $5 hike has been recorded in the price of crude oil from the start of March.
Similarly, Pakistani rupee has depreciated by five percent against the dollar in the month of March.
The experts say that will be compelled to increase the price of petroleum products next month. The decision will be finalized on March 31.
It is pertinent to mention here that the government has augmented the prices of petrol and diesel by Rs21 and Ra18.50 per litre respectively from August 2017 till date.