Diesel and petrol prices have reached an all-time high in the Pakistan Tehreek e Insaf (PTI) era.
After the formation of the PTI government, on September 1, 2018, the price of petrol was Rs92.83 and the price of diesel was Rs 106.57 per liter. Now the new price of petrol has been fixed at Rs 123.30 per liter, with a total increase of more than Rs30 in three years. Diesel is available at Rs 120. 4 per liter.
In the PTI government, the price of petrol has so far increased by Rs 30.47 per liter. The price of diesel has so far gone up by Rs 13.83 per liter.
When the Pakistan Muslim League-N (PML-N) had come into power in June 2013, the petrol prices were Rs 100.63 per liter and diesel was available at Rs 105.50 per liter.
During the PML-N government, the overall price of petrol was reduced by Rs12.93 and diesel by Rs6.74 paise. The highest price of petrol was Rs 113.24 per liter. The maximum price of diesel was Rs 116.95 per liter.
When the PPP came to power, on April 1, 2008, the price of petrol was Rs 65.81 per liter and diesel was available at Rs 47.13 per liter.
On April 1, 2013, when the PPP government was removed, the price of petrol was Rs 102.30 per liter and diesel Rs 108.59 per liter.
During this period, the overall price of petrol increased by Rs 36.49 per liter and the price of diesel by Rs 61.46 per liter.
During the PPP era, the maximum price of petrol was Rs 108.45 per liter and diesel was Rs 115.52 per liter.
Minister for Information and Broadcasting Chaudhary Fawad Hussain on Thursday said oil prices in Pakistan were still the lowest in the region.
“The country imports oil, hence, its prices will go up when these increase in the world market,” he said in his tweets. “This is the principle for the rest of imports,” he maintained.