Govt raised petrol price by Rs1.45

Image

KARACHI: The government notified the revised prices of petroleum products in the early hours of Wednesday, raising the petrol price by Rs1.45. As per the standard procedure, the notification for revised prices is issued around midnight.

However, this time, the notification by the Finance Division came two hours late, around 2am.

According to the notification, the price of petrol has been increased from Rs235.98 to Rs237.43.

The price of High Speed Diesel (HSD) has been kept unchanged at Rs247.43. Meanwhile, the price of kerosene has been slashed by Rs8.30 from Rs210.32 to Rs202.02.

The price of light diesel oil has been reduced by Rs 4.26 from Rs201.54 to Rs197.28.

Since Sept 15, when the prices were supposed to be revised, the coalition government led by the PML-N remained indecisive over the change.

Based on the Oil and Gas Regulatory Authority’s calculations, the per-litre price of diesel was to be increased by around Rs2 and that of petrol to be reduced by Rs7.

You May Also Like

Image

Pak­istan Army successfully conducted test-launch of Fatah-II guided rocket system

ISLAMABAD: The Pak­istan Army successfully conducted the test-launch of Fatah-II guided rocket system that has a range of 400 kilometres.

Image

Punjab govt to introduce new defamation law

LAHORE: The Punjab government of Maryam Nawaz is introducing new defamation law in a bid to ‘stop fake news’. “A person who lies

Image

China to work with Pakistan to upgraded version CPEC

BEIJING: China is ready to work with Pakistan to develop an “upgraded version” of the China-Pakis­tan Economic Corridor (CPEC) project