KARACHI: The petrol price has witnessed a hike of Rs 1.71 per litre, announced Finance Minister Ishaq Dar on Tuesday.
Moreover, th
e price of d
iesel has been
increased by Rs 1.52. Petrol now costs Rs 73 per litre, while d
iesel costs Rs 82 per litre, he added.
He said that there has been no change in th
e prices of kerosene oil and light d
iesel oil, but the value of kerosene oil has been rounded off. Th
e price of kerosene oil and light d
iesel is now Rs 44 per litre each.
The announcement comes a day after Oil and Gas regulatory authority (OGRA) submitted a proposal to the Minis
try of Petroleum and Natural Resources asking for an
increase in th
e prices of petroleum products.
OGRA had proposed a revision of Rs 17.55 and Rs 10.94 in th
e prices of kerosene oil and light d
iesel oil, respectively. It also requested for an additional
increase of Rs 2.96 per litre and Rs 2.18 per litre
increases in th
e price of petrol and high-speed diesel, respectivel
y.
