Caretaker government okays increase in prices of petroleum products
The caretaker government late Friday night increased the prices of petroleum products!
The new prices of petrol are Rs275.65 and diesel Rs287.33 per litre have been set for the next fortnight,
In a late-night announcement, the Ministry of Finance said the government has decided to change the current prices of petroleum products during the fortnight starting from February 16, as recommended by the Oil and Gas Regulatory Authority (Ogra).
“Government of Pakistan has decided to bring changes in the current prices of Petroleum products for the fortnight starting from 16th February 2024,” a statement issued by the Finance Division read.
As per the notification, with a Rs2.73 hike in petrol price, the new price is Rs275.65 per litre.
The price of high-speed diesel has also been increased by Rs8.37 per litre to Rs287.33 per litre.
However, the notification did not mention any changes in the prices of kerosene oil and light diesel oil.
| Products | Existing price | New price | Increase/Decrease |
| Petrol | Rs272.89 | Rs275.62 | +Rs2.73 |
| High-Speed Diesel (HSD) | Rs278.96 | Rs287.33 | +Rs8.37 |
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