Petroleum Division said that the pricing of petrol and high-speed diesel will not be adjusted till July 27.

Prices of petrol and diesel will not change over the weekend and the existing rates will continue, the Petroleum Division said in an official notification.

“The notification stated that the existing prices of petrol, high-speed diesel and other petroleum products will remain intact till July 27 (Monday) and the consumers will be able to purchase fuel at the existing rates during this period.

The government has also not announced any hike or cut in the price of petroleum products, officials said.

The present pricing will remain in force until the next price review, when a new decision will be taken.

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The federal government has announced another hike in the prices of petrol and high-speed diesel, with the revised rates coming into effect from midnight.

The Petroleum Division said in a notification that petrol price has been jacked up by Rs4.93 per litre and the new rate is now Rs320.73 per litre.

Price of high speed diesel has been increased by Rs7.15 per litre, increasing the new rate to Rs367.21 per litre.

The new prices were announced on the basis of recommendations of the Oil and Gas Regulatory Authority (OGRA) under the government’s current fortnightly fuel price review, stated the Petroleum Division.

The new pricing took effect from 12am and will remain until the next fuel price change.

— Pakistan’s Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb called on his US counterpart, Scott Bessent to enhance Pakistan-US economic relations, increase investment and promote bilateral cooperation.

During the meeting, Finance Minister Muhammad Aurangzeb briefed the US Treasury Secretary about the government’s vision for achieving macroeconomic stability, sustainable economic growth and export-led development. He also pointed out the adverse effect of the regional situation on the economy of Pakistan.

US help was vital to improve Pakistan’s access to international financial markets and boost foreign exchange reserves and market access as part of measures to improve the country’s sovereign credit rating, the finance minister said.

Both parties underlined their resolve to further deepen economic cooperation between Pakistan and the United States, promoting increased US investment and guaranteeing progress on mutually beneficial strategic objectives.