Islamabad, Sept. 14 -- The federal government of Pakistan is likely to raise the prices of petroleum products to Rs 4.79 per litre for the next fortnight starting September 16, as reported by ARY News on Sunday.

As per the initial estimates, the prices of petrol are likely to become costlier by Rs 1.54 per litre, while other fuels are also likely to see notable increases.

As per ARY News citing sources, High-Speed Diesel could rise by Rs 4.79 per litre, kerosene by Rs 3.06 per litre and light diesel by Rs 3.68 per litre.

Furthermore, preliminary calculations for the revised rates have been completed, and a summary of the same shall be forwarded to the Prime Minister Shehbaz Sharif for final approval, as per ARY News.

The Ministry of P...