LAHORE – The diesel and petrol prices for the month of April are likely togo up by Rs3-4 per litre.
The prices will possibly increase as the rates of crude oil and dollar haverose in the international market.
From March till date, a $5 hike has been recorded in the price of crude oil.
On other hand, Rupee has depreciated by 5 percent against dollar in theongoing month.
Analysts say that the government will be forced to increase the price ofpetroleum products next month. The decision will be finalized on March 31.
It is pertinent to mention here that the government has augmented theprices of petrol and diesel by Rs21 and Ra18.50 per litre respectively fromAugust 2017 till date.