Caretaker govt increases prices of petroleum products for remaining days of June

E-Paper | August 12, 2026

In a surprise move, the caretaker government on Monday announced a considerable increase in the prices of petroleum products for the remaining days of the month of June, DawnNewsTV reported.

The price of petrol has been increased by Rs4.26 per litre (4.9%), climbing to Rs91.96, and that of kerosene by Rs4.46 per litre (5.6%), climbing to Rs84.34, read a statement issued by the Finance Division.

Moreover, the price of High-Speed Diesel (HSD) has been jacked up by Rs6.55 per litre (6.6%) to reach Rs105.31.

The newly announced prices will be effective from June 12 to the midnight on June 30, 2018.

Usually, the government announces the new oil prices on the last day of every outgoing month which is applicable from the midnight of the new month.

Earlier there were reports that the caretaker government has decided not to change the prices of petroleum products for the time being. A senior government official said the caretaker ministers did not support a price increase.

In a summary moved to the PML-N government in May, Ogra had recommended Rs12.50 and Rs8.37 per litre increase in the prices of high-speed diesel and petrol, respectively.

The PML-N cabinet, however, had decided on its last meeting not to increase the oil prices and leave it to the caretakers while ordering that prices should remain unchanged for seven days ie June 7.

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Pakistan

Tahir Sherani is an Islamabad-based reporter for Dawn News (TV) with 16 years of experience. His coverage focuses on the national economy, energy, cabinet affairs, the Establishment Division, and the Prime Minister’s Office.

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Alba

Jun 12, 2018 12:11am

Higher prices on fuel are inevitable because of higher taxes and inflation. At this point, borrowing more foreign money will cause more pressure on the rupee and higher inflation. The petrol suppliers must counter inflation by charging higher prices.

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Talha

Jun 12, 2018 12:22am

World Oil prices falls back after a small rise, but pakistan oil price keeps rising.

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Shoaib

Jun 12, 2018 12:35am

All happenings on financial front suggest, we will further compromise on our sovereignty.

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Faisal

Jun 12, 2018 12:36am

Well done. Prices should reflect ground realities

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Jun 12, 2018 02:31am

So where is this extra money going?

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Atta

Jun 12, 2018 03:06am

Well done well done

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Right

Jun 12, 2018 03:48am

Nation should know how N-leage ruled the country. All these types of necessary orders must be passed by this government so that next government can make some better plan. They should also clear the circular debt by printing notes and settle the currency at 130 which is the actual price of dollar.

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Dilawar

Jun 12, 2018 04:42am

They can because they don’t care

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Muhib E Watan

Jun 12, 2018 05:32am

Lawlessness continues, punishing poor nation as yet no justice to the corrupt Mafia.

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Moiz

Jun 12, 2018 06:14am

1 day they devalued rupee and another day they increase petrol, I wonder how much increase the cost of living will get, the increase in salaries is not at same speed, hence people are getting poor day by day

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Ahsan Gul

Jun 12, 2018 06:30am

Now how caretaker government came to a conclusion to raise petroleum prices? Unless some good and sound explanations given, one will assume that caretaker people are working with petroleum bosses to make a windfall profits. Public confidence needs a sound response from caretaker folks.

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Prateik

Jun 12, 2018 07:56am

Middle class and poor will bear the brunt of petrol rate hikes.

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bimal william

Jun 12, 2018 04:45pm

The caretaker government is taking very good care of Pakistani people. First they said they will not increase the price of petrol and diesel then all of a sudden they increased the price. It shows that all is not well with Pakistan economy. Things are getting out of control as Pakistani rupees again devalued by 3.8% . The newly elected government will face a daunting task to bring Pakistani economy back on track.

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