Federal govt. has increased the petrol price by Rs2.61. The revised new prices of petroleum products will be applicable from 12 am 1 January 2020.
The new price of petrol for the month of January will be Rs116.60 per litre, according to a notification issued by the Finance Division.
The price of high-speed diesel is increased by Rs2.25, taking it to 127.26 per litre.
Light diesel is to be sold at Rs84.51 per litre after an increase of Rs2.08.
The price of kerosene has also been increased by Rs3.10. It will now cost Rs99.45 per litre.
The Ministry of Finance announced that it had accepted a summary of the Oil and Gas Regulatory Authority (OGRA) to raise prices of petroleum products.