ISLAMABAD – Caretaker government on Monday has drastically increased theprices of petroleum products for the current month.
The price of petrol has been increased by Rs4.26, High Speed Diesel byRs6.55, Kerosene Oil by Rs4.46 and Light Diesel Oil by Rs6.14 per litre.
The new prices are effective from Tuesday (June 12).
According to the summary, with the latest increase, the new price of petrolwill be Rs91.96 per litre; High Speed Diesel Rs 105.31 per litre; LightDiesel Rs 74.99 per litre and Kerosene Oil Rs 84.34.
It is pertinent here to mention that earlier this week, the outgoinggovernment had decided to keep prices of petroleum products maintained forthe month of June, rejecting a summary of hike in prices by Oil and GasRegulatory Authority (OGRA).
OGRA had sent a summary to the power division, recommending hike of Rs8.37per litre in petrol prices, while an increase of Rs12.5 per litre in dieselprices is recommended.
The authority also recommended an increase of Rs8.30 and Rs11.65 inkerosene oil and diesel oil, respectively.