Fuel prices in Pakistan have increased once again, adding pressure on consumers already dealing with rising inflation. The latest revision comes amid volatility in the global oil market and concerns over future supply stability.
New Fuel Prices Announced
The federal government has increased petrol by Rs6.51 per litre and high-speed diesel by Rs19.39 per litre.
According to Beyond Time News, the revised rates were issued by the Petroleum Division and will apply for the next week.
Officials said the adjustment reflects recent increases in international crude oil prices, which continue to affect import costs.
Global Market Pressure Behind the Hike
The price revision is linked to rising global oil rates and regional uncertainty affecting supply chains.
According to Beyond Time News, early discussions had suggested a higher increase, but the final decision was moderated to reduce immediate pressure on consumers.
However, authorities warned that if global conditions worsen—especially around key shipping routes like the Strait of Hormuz—fuel prices may rise further in the coming days.
Petroleum Division Rejects Closure Rumors
The Petroleum Division has denied reports about petrol pump closures from May 1.
According to Beyond Time News, officials confirmed that fuel supply across the country remains stable and uninterrupted.
They urged the public not to believe or spread rumour causing unnecessary panic.
Petrol and Diesel Prices Jump by Rs26.77 Per Litre in Pakistan
Following price hike reports, panic buying was seen in Islamabad and Lahore, where long queues formed at petrol pumps.
In Islamabad, authorities assured citizens that sufficient fuel stocks are available and urged them to avoid panic buying.
A control room has been set up to handle complaints and monitor fuel supply issues.
In Lahore, heavy rush at petrol stations also caused traffic disruptions in several areas, with some pumps slowing down operations due to crowd pressure.
Conclusion
The latest petrol and diesel price increase reflects ongoing global market pressure and uncertainty in energy supply routes.
While authorities maintain that fuel availability remains stable, rising prices continue to impact public sentiment and household budgets.
