Pakistan increases petrol price by Rs4 per liter

An employee prepares to fill petrol in a vehicle at a fuel station in Karachi on September 1, 2023. (AFP/File)
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Updated 01 March 2024
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Pakistan increases petrol price by Rs4 per liter

  • Pakistan revises petroleum prices every fortnight in accordance with global prices
  • The government has maintained the price of high-speed diesel at Rs287.33 per liter

ISLAMABAD: The Pakistani government has increased the price of petrol by Rs4 per liter for the next 15 days, it said late Thursday.

The new price of petrol is Rs279.75 per liter which will remain effective till March 15, the Finance Division said in a notification.

The government maintained the price of high-speed diesel at Rs287.33 per liter.

The revision was made “on the recommendation of Oil & Gas Regulatory Authority (OGRA),” the notification read.

Pakistan revises petroleum prices every fortnight in accordance with global trends and the new petrol price has already taken effect.

This was the third consecutive hike in petroleum prices by the caretaker government and will likely be its last as an elected prime minister is set to take office this week.


Pakistan to host PSL 11 from Mar. 26 to May 3, says PCB chairman

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Pakistan to host PSL 11 from Mar. 26 to May 3, says PCB chairman

  • PSL, Pakistan’s premier T20 cricket tournament, is set to feature eight city-based teams in upcoming edition 
  • Pakistan Cricket Board has held roadshows in London and New York to entice investors to bid for new PSL teams

ISLAMABAD: The 11th edition of the Pakistan Super League (PSL) will be held from Mar. 26 to May 11, 2026, Pakistan Cricket Board (PCB) Chairman Mohsin Naqvi announced on Sunday. 

The PSL is Pakistan’s premier T20 cricket league that features a mix of local and international players and coaches. The PSL features six teams, each named after a Pakistani city, with the upcoming edition set to feature two new teams. 

PCB Chairman Mohsin Naqvi, along with former cricketing greats Ramiz Raja and Wasim Akram, participated in a roadshow in New York on Sunday. The PCB has held a roadshow in London previously to attract international investors to bid for the new teams. 

“I can tell you one thing that PSL will start on Mar. 26, which is very near,” Naqvi said at the roadshow. 

“And the final we are planning to hold on May 3.”

Naqvi said the revised schedule for the auction of the two new PSL teams will take place on Jan. 8. The auction was originally scheduled to take place on Jan. 6; however, it was postponed by one day due to a week-long extension of the deadline for the submission of the bids for the new franchises, initially set at Dec. 15.

The PCB said this week it had pushed the deadline to submit the bids for the two new teams keeping in mind “growing interest” from investors in the US, Europe and the Middle East.