Prices of petroleum products likely to increase for April

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LAHORE: The government is likely to increase the prices of petroleum products by rupees three to four per liter for the month of April.
The prices of petrol and diesel will possibly increase as the rates of crude oil and dollar have rose in the international market.
On other hand, rupee has depreciated by 5 percent against dollar in the ongoing month.
The decision to increase the prices of petroleum products is expected to be taken on March 31.
It is pertinent to mention here that the government has augmented the prices of petrol and diesel by Rs. 21 and Rs. 18.50 per liter respectively from August 2017 till date.
Earlier, the Ministry of Finance approved Rs. 3.56 per liter increase in the price of petrol for March.

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