Islamabad (Web Desk): The Pakistan Tehreek-e-Insaf (PTI)-led government on Thursday increased the petroleum prices with immediate effect.
According to a notification issued by the ministry of finance, the price of petrol has been increased by Rs8.03 per litre after which the new price has jumped to Rs145.82 per litre.
The price of high speed diesel (HSD) has been enhanced by Rs 8.14 per liter and will now cost Rs142.62per liter.
The price of light diesel oil (LDO) was also jacked up by Rs5.72 and will now be sold for Rs114.07 per litre
Likewise, kerosene oil price has touched Rs116.53 after an increase of Rs6.27.
On October 30, Prime Minister Imran Khan had rejected the increase in the prices of petroleum products proposed by the Oil and Gas Regulatory Authority (OGRA) and the Finance Ministry.
The OGRA had recommended to increase the petrol price by Rs11.53 per liter, high speed diesel by Rs8.49, kerosene oil by Rs6.29 and light diesel by Rs5.72 per liter.
Earlier on October 15, the government had increased the petroleum prices with immediate effect citing the fluctuation in the global oil prices.
The price of petrol had been increased by Rs10.49 per litre after which the new price jumped to Rs137.79 per litre.
The price of high speed diesel (HSD) had been enhanced by Rs12.44 per liter which now costs Rs134.48 per liter.
The price of light-speed diesel was also jacked up by Rs8.84 after which it rose to Rs108.35 per litre.