Govt drops petrol bomb on inflation-hit masses

Govt drops petrol bomb on inflation-hit masses

Islamabad (Web Desk): The federal government on late Wednesday increased the price of petrol to a historic high.

According to the notification, the price of petrol has been moved up to Rs272 per litre after an increase of Rs22.20. The price of high-speed diesel has been increased to Rs280 per litre after a hike of Rs17.20.

Kerosene oil will now be available at Rs202.73 per litre following a Rs12.90 hike. Meanwhile, light diesel oil will be available at Rs196.68 per litre after an increase of Rs9.68.

The new prices will come into effect from 12am tonight.