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Jet fuel and kerosene prices reduced

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jet fuel prices

Web Desk: Pakistan’s government raised petrol and diesel prices on Thursday while it reduced the cost of jet fuel and kerosene. The move reflects mixed changes in fuel tariffs amid pressure from global oil markets and domestic inflation.

The revision increases transportation fuel costs for consumers and businesses. It also offers limited relief for aviation and household energy users.

The government raised the price of high-speed diesel by 19.39 rupees per liter. It set the new rate at 399.58 rupees, up from 380.19 rupees.

Petrol prices also increased by 6.51 rupees per liter. The new price stands at 399.86 rupees, compared with 393.35 rupees earlier.

Light diesel oil rose by 17.03 rupees per liter. It now costs 287.54 rupees, up from 270.51 rupees.

Officials said global oil price shifts and currency pressure drove the changes. These factors continue to raise import costs.

In contrast, the government cut jet fuel prices by 7.76 rupees per liter. The new rate is 388.58 rupees, down from 396.31 rupees.

It also reduced kerosene prices by 4.45 rupees per liter. The new price is 360.76 rupees, compared with 365.21 rupees.

Authorities said the cuts aim to support the aviation sector. They also provide relief to households in rural areas that rely on kerosene for cooking and lighting.

The mixed adjustments may raise transport and logistics costs. This could add pressure to already rising inflation.

However, lower jet fuel prices may ease costs for airlines. Carriers continue to face high operational expenses.

Energy analysts said the changes reflect a balancing act by the government. They noted efforts to manage fiscal constraints while supporting key sectors as global energy markets remain volatile.

Read more: Labour day being observed today across world, including Pakistan

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