There was a hint given by the government a few days back to increase the petroleum product prices. Asad Umar the present Finance Minister of Pakistan said that as there has been an increase in the petroleum product prices globally, the Pakistani government will also be compelled to increase the prices.
The CNG price was recently increased by the government by PKR 22. It displeased the transporters and the general public. Furthermore, an additional regulatory duty was imposed on the imported items. Even though for October the government did not increase the petrol prices as recommended by the Oil and Gas Regulatory Authority, it will be most probably increased for November.