The caretaker federal government approved a hike in the price of petrol by Rs4.13 per litre for the next fortnight.
The Finance Ministry increased the price on recommendation of the Oil and Gas Regulatory Authority (OGRA).
Following the increase, petrol will be available at Rs279.75 per litre from March 1, while the price of the High-Speed Diesel (HSD) is unchanged for the next fortnight.
Earlier on February 15, the caretaker government approved a hike in the price of petrol by Rs2.73 per litre following the recommendation of the OGRA.
According to a notification by the finance ministry, the price of petrol increased by Rs 2.73 per litre and High-Speed Diesel by Rs 8.37 per liter.
The price of Kerosene oil also increased by Rs10.08 per litre, according to the notification.