Petrol and Diesel prices are expected to riselinkmorefollowing the surge in petrol rates twice in the current month of January.

According to sources, the Petroleum Division has sent a summary of petroland diesel premium and dealer margin increase to the Economic CoordinationCommittee (ECC) for consideration.

The summary has proposed an increase of 45 paisa per liter in OMC petrolpremium margin and 58 paisa per liter in dealer margin, sources added.

It has been proposed to increase the OMC margin of high-speed diesel by 45paisa per liter while the margin of dealers likely to surge by 50 paisa perliter.

After the proposed increase in petrol, OMC margin will increase from Rs2.81paisa to Rs3.26 paisa per liter while dealers margin will increase fromRs3.70 paisa to Rs4.28 paisa per liter.

Whereas, after the proposed surge on high speed diesel, the OMC margin willincrease from Rs2.81 paisa to Rs3.26 paisa per liter while the dealersmargin will increase from Rs3.12 paisa to Rs3.62 paisa per liter.