Interim govt increases prices of petroleum products ahead of general polls
The hike in prices has badly irked locals across the country.
ISLAMABAD (Dunya News) – The caretaker government on Saturday night has hiked fuel prices for the second time in a month ahead of general elections 2018.
As per the notification, the petroleum price has reached Rs99.50 per liter after an increase of Rs7.54 per liter while the cost of high-speed diesel has recorded as Rs119.31 after a hike of Rs14.
Light diesel will be sold at Rs80.89 after Rs5.92 increase while kerosene price has become Rs87.70 after Rs3.36 hike.
On June 11, few days ahead of Eidul Fitr, the caretaker government had revised prices of petroleum products for the current month.
The price of petrol had been increased by Rs4.26, High Speed Diesel by Rs6.55, Kerosene Oil by Rs4.46 and Light Diesel Oil by Rs6.14 per litre.
It is pertinent here to mention that the outgoing PML-N government had decided to keep prices of petroleum products maintained for the month of June, rejecting a summary of hike in prices by Oil and Gas Regulatory Authority (OGRA).
The authority also recommended an increase of Rs8.30 and Rs11.65 in kerosene oil and diesel oil, respectively.
