According to details, a petition has been filed in LHC against increase in petroleum products , in which caretaker government and Oil and Gas Regulatory Authority (OGRA) were made parties.
The caretaker government on late Saturday increased prices of petroleum products for the second time in a month. On the recommendation of OGRA, finance division approved new prices of petroleum products .
The new per-litre prices of petrol, diesel, kerosene oil, light diesel, and high-speed diesel are Rs99.50, Rs119.31, Rs87.70, Rs80.91, and Rs105.31 respectively, as per the notification.
This implied a respective price hike of Rs7.54, Rs14.00, Rs3.36, Rs.5.92, and Rs6.55 in petrol, diesel, kerosene oil, light diesel, and high-speed diesel.