Petrol price increases, rates of light diesel, Kerosene decrease

 

Petrol price increases, rates of light diesel, Kerosene decrease

The government has increased the prices of petroleum products and this time too petrol rate was up but prices of all other POL products were down.

Federal Finance Ministry said the petrol price has been increased by Rs1.45/litre despite government minister’s statements that it would come down, while the rate of high-speed diesel remained the same.

According to the Finance Ministry’s notification, the rates of kerosene and light-speed diesel have been reduced by Rs8.30 and Rs4.26 per litre respectively.

The new prices are as follow: Petrol Rs237.43 up from earlier Rs235.98 per litre, kerosene Rs202.02 down from Rs210.32 per litre and light-speed diesel Rs197.28 down from Rs201.54 per litre. The price of high-speed diesel remained the same at Rs247.43 per litre.

The new prices of the petroleum products come into effect from September 21 (today), the notification said.

The revised petroleum prices were to be announced on September 16, however, the government deferred the announcement for unknown reasons.