Govt increases petrol price beyond OGRA recommendation

Islamabad (HRNW) The federal government has increased the prices of petroleum products by up to Rs5.92. In a rare move, the government has hiked the price of petrol beyond what was recommended by the Oil and Gas Regulatory Authority (OGRA).

OGRA had recommended an increase of Re1, according to reports on Tuesday. However, the government has pushed up the petrol price by Rs5.

A notification was issued on Wednesday night. New prices take effect from 12 am on Thursday (tonight).

The prices of other petrol products have also seen a considerable uptick. The high-speed diesel (HSD) increased by Rs5.0, the light diesel by Rs5.92 and Kerosene oil by Rs5.46.

 

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