KARACHI: The federal government has approved a proposal of increase in PoL prices, and the summary of increase has been sent to the Oil and Gas Regulatory Authority (OGRA) that will issue the notification later tonight.
According to the summary the new prices of petroleum products would come into effect on September 1st. Petrol price has been raised by Rs 4.80 per litre and diesel price by Rs 4.59 per litre.
According to the sources after the increase petrol would be sold at rate of Rs 65.26 per litre and High-speed diesel at rate of Rs 67.26 per litre.
The price of kerosene oil has been increased by Rs 2.69 and it would be sold at rate of Rs 60.60; the price of HOBC has been increased by Rs 3.38 and the new rate would stand at Rs 80.39; the price of light diesel has been increased by Rs 3.69 and it would be sold at rate of Rs 56.96.
The prices of JP-1 and JP-4 have been increased by Rs 3.74 and Rs 4.10 per litre respectively.
These prices will remain into effect till September 30th.
