Petroleum products prices likely to rise

19 May, 2016

ISLAMABAD: Prices of Petroleum products are likely to rise by Rs. 5.75 from 1^st June while decision has been taken after the increase in petroleum products prices at international market.

As per details, Oil and Gas Regulatory Authority has decided to increase prices of petroleum products after crude oil price reached at 46 dollar per barrel in international market.

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A summary to increase prices would be sent to Petroleum Ministry by OGRA in upcoming days while Rs. 5.75 rise is being expected in the petroleum products prices.

Prices of high speed diesel and high octane would be increased by Rs. 5.75 per liter while light diesel price is being expected to increase by Rs. 2.92 per liter.

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Prices of Petrol and kerosene oil would be increased by Rs. 1.25 and Rs. 3.25/liter.