The public government uncovered an expansion in petrol cost by Rs6.72 per litre and diesel cost by Rs0.51 per litre.
According to the Ministry of Finance, the cost of petrol will be Rs233.91 per litre.
The diesel will be Rs244.44 per liter, and the kerosene oil will be Rs199.40 per liter.
The expense of light diesel oil will be Rs191.75 per litre.
They ordered to increase the prices from August 16, 2022.
The government diminished the expense of petrol by Rs3.05 per litre last month.
But they raised accelerated diesel (HSD) rates by Rs8.95 per litre.
Petrol price reduction at the international level
It is to notice that there is a fall in international market oil costs.
Despite this fact, the government caused an expansion in fuel costs.
A reduction in Petrol costs happened internationally by more than $4 a barrel.
It is due to revenue fears as crippling Chinese cash-related data restored all things considered groove concerns.
Petition against the new fuel cost increase
Lahore High Court (LHC) represented a petition against the new fuel cost move on August 16, 2022.
Advocate Azhar Siddique kept a deal in LHC concerning fuel costs.
He said that the government had raised the fuel costs paying little mind to the decrease in international petrol costs.
He said that it would grow in extension in the country.
The government gives no advantage of tremendous worth tumble to people.
Azhar Siddique battled in the court to drop the new progression in fuel costs.
