Petrol prices to jump up before Eid.

Federal government has decided to increase the prices of petrol by Rs.8 before Eid.

According to the reports of Baaghitv, federal government has decided to increase the prices of petrol before Eid-ul-fitr this year. Oil and Gas Regulatory Authority OGRA has sent a summary in this regard.

According to the summary, the price of petrol may be increased by Rs9.50 while high speed diesel (HSD) may go up by Rs11.5. Similarly, price for light diesel oil (LDO) is likely to increase by Rs7.85 while kerosene may see a rise of Rs12 per liter.The impact of rupee depreciation against the dollar is said to be incorporated in HSD and petrol prices, while the remaining increases would be made due to the rise in crude oil rates.