Crude oil became more expensive in the world market.
The new price of crude oil was 103 dollars 15 cents per barrel.
Crude oil became more expensive in the world market. Crude oil prices continue to rise. The new price of crude oil reached 103 dollars 15 cents per barrel. The price of WTI crude oil fell to 96.17 dollars. Is trading on Petroleum products are also expected to become more expensive in Pakistan as a result of the impact on world oil prices during the Russia-Ukraine conflict.
Sources in the Petroleum Division said that according to the global market, the price of diesel and petrol increases from Rs. 4.5 to Rs. 5.5. However, this increase does not include levy.
Sources said that considering the current prices of oil in the global market, the price of petrol increases by Rs5.5 per liter and the price of diesel by up to Rs4.50, while adding a levy of Rs4 per liter would increase the price of petrol per liter. Rs. 9 is made. Similarly, if Rs. 4 levy is added then the increase in diesel per liter becomes Rs. 8 and a half.
According to sources, at present the levy on petrol is Rs 17.92 and on diesel Rs 13.30 per liter while GST on petrol and diesel is zero. The final decision on prices of petroleum products will be taken by the Ministry of Finance in consultation with the Prime Minister. Global oil and commodity prices have risen sharply again due to the Russia-Ukraine crisis. The price of maize has risen by 4%. The price of gold also rose by ڈالر 27 to 19 1914 an ounce. On the other hand, due to global sanctions, the Russian currency ruble has crashed and the Russian currency has depreciated by 30% against the dollar.
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