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Tue, Jul 14, 2026

Crude oil prices increased once again in global market

Petrol prices likely to drop in Pakistan further amid decline in global oil prices
  1. ISLAMABAD: Crude oil prices have increased once again in the global market.

Due to the increase in prices, the price of US crude oil has increased by more than $100 per barrel.

In addition, the price of Brent crude oil has increased by more than $113 per barrel.

On the other hand, Prime Minister Shehbaz Sharif has increased the levy on high-octane fuel used in luxury vehicles from Rs100 to Rs300 per liter.

According to a statement issued by the Prime Minister’s House, the prices of fuel used in ordinary vehicles used by the lower and middle classes have not been increased, only the price of high-octane fuel used in luxury vehicles has been increased.

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