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Home Business & Stock

Prices of POL products likely to rise in November

MM News Staff by MM News Staff
October 26, 2023

ISLAMABAD: Preparations are being made to further increase the hardships of the poor people, petrol and diesel prices are likely to increase from November 1.

According to media reports, the price of petrol may increase by Rs 3.55 paisa while the price of diesel may increase by Rs 0.82 per liter. The reason for the increase in the prices of petrol and diesel is that crude oil is expensive in the global market.

Pakistan and China sign MoU for $1.5 billion investment in petroleum sector

It should be noted that international petrol and diesel prices have increased by $3.14 and $1.14 per barrel respectively. On October 16, the caretaker government reduced the price of petrol by Rs 40 and diesel by Rs 15 per liter.

On the other hand, 49 domestic and foreign flights of the national airline were canceled today. Fuel is being provided only to the specific planes of the national airline. 5 flights from Karachi to Islamabad and 2 flights from Karachi to Turbat have been cancelled.

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