.
LAHORE:
The Lahore High Court (LHC) has sought details of the mechanism used to determine petroleum prices while hearing a miscellaneous petition challenging the recent increase in fuel prices.
Justice Khalid Ishaq heard the petition against the hike in petroleum product prices.
The petitioner’s counsel argued that the government had increased the price of petrol by Rs55 per litre, despite the fact that petroleum prices in the international market had risen by only four to five percent.
It was contended that the government had raised petroleum prices by up to 20 per cent, which allegedly violates Articles 4, 9, 14, 18, 25, 37 and 38 of the Constitution.
