Petrol price goes up by Rs4.26 to Rs112.68 per litre
Last updated on: 01 June,2019 02:10 pm
Prices of kerosene oil and light diesel oil has been increased by Rs1.69 and Rs1.68 respectively.
ISLAMABAD (Dunya News) – The government on Friday has increased petroleum products prices for the month of June 2019.
According to notification issued on Friday, petrol price has been increased by Rs4.26 per litre, whereas the price of High Speed Diesel increased by Rs4.50.
The prices of kerosene oil and light diesel oil has also been increased by Rs1.69 and Rs1.68 respectively.
The new price of petrol will be 112.68 with an increase of 4.26 rupees per litre; the price of High Speed Diesel will be 126.82 with an increase of 4.50 rupees per litre.
Similarly, the Kerosene oil will be sold out at 98.46 with an increase of 1.69 rupees per litre while, the new price of Light Diesel Oil will be 88.62 with an increase of 1.68 rupees per litre. The new prices shall be applicable from 1st to 30th June this year.
In its summary, OGRA had proposed increase in the price of petrol by Rs9 to reach Rs116.95 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.
Earlier last month, the Pakistan Tehreek-e-Insaf (PTI) government dropped its first ‘petrol bomb’ on masses, increasing prices of petroleum products by up to nearly 10%.