Caretaker govt hikes fuel prices, Petrol goes up by Rs4.26 Per litre

ISLAMABAD: The caretaker government on Monday has increased fuel prices on the recommendations of OGRA for the month of June, NewsOne reported.

Advertisement

The new price for petrol has increased by Rs4.70 rupees. The revised price of petrol would be Rs91.96 per litre.

The price of diesel has been increased by Rs6.55 rupees, while the price of light diesel has also been increased by Rs 6.14 rupees.

The new price of diesel, light diesel would be 105.31 and 77.99 rupees per litre respectively.

The government also increased the price of kerosene oil by Rs4.46 per litre. The new price would be Rs84.34 per litre.

The revised prices will take effect from June 12.

Earlier, the PML-N government decided to keep the petroleum prices unchanged till June 07, leaving the decision of changing the prices on incoming caretaker government.

“Since our government ends today, and new prices of Petrol, Diesel, and Kerosene oil go in effect from tomorrow (Friday), therefore on recommendation of ministry of finance, the prime minister has decided to leave their prices unchanged till June 07, so that the incoming government can decide the new prices,” Minister for Finance Dr Miftah Ismail said in his tweet on Thursday.

Oil and Gas Regulatory Authority (OGRA)earlier recommended an increase of Rs 8.37 in petrol price for the month of June.

Advertisement