ISLAMABAD: Pakistan has kept the petroleum prices unchanged for the next 15 days, the energy ministry said late Thursday.
The government had reduced the prices of petrol and high-speed diesel at the turn of the year by up to Rs10.28 per liter.
The price of high-speed diesel will remain Rs257 per liter, while motor spirit will continue to sell for Rs253 per liter, according to an energy ministry notification.
“The government has maintained the prices of the petroleum products for the next fortnight, starting from 16th January,” it read.
Fuel prices in Pakistan are reviewed every two weeks and are influenced by global oil market trends, currency movements and changes in domestic taxation. The pricing mechanism passes changes in import costs on to consumers, helping sustain the country’s fuel supply chain.
Petrol is primarily used for private transport, motorcycles, rickshaws and small vehicles, while diesel powers heavy transport used to move goods across the South Asian country.
