Govt increases petrol price by Rs5 per litre

Govt increases petrol price by Rs5 per litre

Islamabad (Staff Report): The government on Wednesday announced increase in the prices of petroleum products, effective from November 1.

According to a notification issued by the government, the price of petrol has been increased by Rs5 per litre, diesel Rs6.37 per litre, light diesel by Rs6.48, kerosene oil by Rs3 per litre.

With the current increase, the petrol will retail at Rs97.83 per litre, diesel at Rs112.94 per litre and kerosene oil at Rs86.50 per litre.

Ministry of finance has approved the summery moved by ministry of petroleum on the recommendations by OGRA.

On Wednesday, Oil and Gas Regulatory Authority (OGRA) had recommended the recommended Rs9 per litre increase in petrol, Rs13 per litre for diesel and Rs6.5 per litre for kerosene oil.