Petroleum products surge was due to increase of oil prices at int’l market: Omar

Islamabad, June 27, 2020 (PPI-OT): Minister for Petroleum, Omar Ayub Khan has said that surge in the prices of petroleum products has been made because of the sharp increase of oil prices at the international market during the last month. In a Tweet, he said the international prices of oil have risen sharply in the last month causing the weakness of rupee by Rs2 to Rs3.

He said the calculation increase for petrol was 31.58 rupees per litre, but the government increased it by only 25.58 rupees per litre. Similarly, for Diesel, calculation increase was 24.31 rupees per litre, but it was increased by Rs21.31 per litre. Omar Ayub said the petrol prices in Pakistan are still the lowest in the Sub-continent by a wide margin.

For more information, contact:
Ministry of Information and Broadcasting
Government of Pakistan
4th Floor, Cabinet Block, Pak. Secretariat, Islamabad, Pakistan
Tel: +92-51-9103557
Email: info@moib.gov.pk
Website: http://www.moib.gov.pk

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