Petrol Price Increasing Tonight – The Petroleum Division has hinted at a potential increase in petroleum product prices as global market trends suggest a surge. However, as of now, there’s no definitive statement regarding the Petrol price increasing expected on April 15th.
Sources from the Petroleum Division indicate a growing trend in global petroleum prices, with recent weeks witnessing a notable uptick in crude oil rates worldwide.
Despite this, a concrete summary outlining the extent of potential price increases has not been released. The Petroleum Division advises that until an official summary is issued, it’s challenging to predict the exact magnitude of the price hike.
It’s crucial to note that petroleum product prices typically undergo fluctuations every 15 days, with periodic announcements aimed at stabilizing rates or maintaining them at existing levels.
Ultimately, the decision on petroleum product pricing rests with the Ministry of Finance, following consultations with the Prime Minister. Stay tuned for updates on this developing story.
