Diesel Prices Surge While Jet Fuel Gets Relief

The Government of Pakistan has announced a mixed adjustment in petroleum prices, lowering jet fuel rates while increasing diesel and petrol costs, according to reports.

The reduction in jet fuel prices is expected to provide limited relief to the aviation sector, particularly airlines operating domestic and international routes.

However, the increase in petrol and diesel prices is likely to have a broader economic impact, as these fuels are widely used in transportation, agriculture, and industry.

Higher diesel and petrol prices typically raise transportation and production costs, which are then passed on to consumers, adding to inflationary pressure.

The increase in light diesel oil, commonly used in machinery and rural transport, may further affect agricultural and small-scale industrial activities.

The latest revision reflects continued volatility in fuel pricing, influenced by global oil markets and domestic economic conditions.

Economists warn that sustained increases in petroleum prices could strain household budgets and slow economic activity if relief measures are not introduced.