Dar in a late-night press conference said: "There has been no increase in the price of petrol." He, however, added that the diesel price has been increased by Rs 7.50 per litre.
Pakistan government is mulling raising the Petroleum Development Levy (PDL) on petrol and diesel from Pakistani Rupees (PKR) 50 to PKR 55 per litre with effect from July 1, 2023, Pakistan-based The News International reported.
Priyanka Gandhi on Wednesday wrote on twitter, "PM Modi read the list of inflation in Bhopal on Tuesday (June 27). But like the earlier lists, someone prepared that list wrong. In Madhya Pradesh, petrol price is Rs 108 a litre, Tomato is Rs 100 a kg, Price of pulses is Rs 150 a kg and price
Prime Minister Narendra Modi on Tuesday slammed Opposition parties for playing politics over petrol prices and said that the Central Government has slashed excise duty twice in two years so that it does not burn a hole in people's pocket.
As the Pakistan government decided to raise the price of petrol in the country amid the economic turmoil, the common people continue to face difficulties, the country's vernacular media reported.
Ishaq Dar said that the prices of petrol and diesel will remain unchanged. The decision to keep the petroleum products prices unchanged is taken in view of international rates, according to ARY News.
OPEC described the move as aiming to "achieve and sustain a stable oil market, and to provide long-term guidance for the market, and in line with the successful approach of being precautious, proactive and preemptive," in a press release, The Hill reported.
According to the notification issued by OGRA, the LPG price was increased to Pakistani Rupees (PKR) 10 per kilogram. The new price of LPG has been fixed at PKR 229, as per the ARY News report.
Ishaq Dar, the finance minister, revealed on Saturday that the federal government has decided to raise the cost of petrol by Rs 10 per litre for the ensuing 15 days, Geo News reported.
The Finance Division, in its fortnight bulletin, attributed the price hike to the depreciation of the Pakistani rupee against the US dollar and an increase in the prices registered by Platts Singapore, according to Geo News.