MS petrol and High-Speed Diesel (HSD) are likely to increase this week as the international oil prices and import premiums have gone up.

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It has been learned that the federal government has resolved to increase the price of petrol by Rs. 4 per liter and the price of diesel by Rs. 5 per liter with effect from November 15, 2024. The upward revision takes into account the international oil prices, where MS saw an increase of US$1.7 per barrel and diesel increased by US$4.4 per barrel. Surprisingly, during the period under review, the Pakistani rupee remained stable at the 277 level.