Fuel prices in Pakistan likely to hit PKR 8.50 per litre

As the situation in the Middle East continues to unfold, the higher international market is estimated to push up the prices of petrol and high-speed diesel by about Pakistani currency (PKR) 2.50 and PKR 8.50 per litre, respectively, Dawn reported. According to sources, petrol and high-speed diesel (HSD) prices experienced a rise of approximately USD 4 and USD 4.50 per barrel, respectively, during the last fortnight, prior to the recent escalation.