Pakistan Hikes Kerosene Price, Keeps Petrol/Diesel Unchanged Amid Global Volatility

• Pakistan increased kerosene oil price by PKR 4.66/litre to PKR 433.40/litre, effective March 28.
• Petrol and diesel rates remain unchanged at PKR 321.17/litre and PKR 335.86/litre, despite global oil market fluctuations.
• Government absorbs part of the cost burden, paying PKR 95.59/litre on petrol and PKR 203.88/litre on diesel to oil marketing companies.
• Jet fuel prices for commercial passenger aircraft surged for the fifth time in 28 days, reaching a record PKR 476.97/litre.
• Rising fuel costs are driving up airline ticket prices and contributing to broader inflation and household expenses.