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Govt. increases petrol price by Rs2 per litre

The news prices of petroleum products will be applicable from July 1, 2021

petrol priceGovt. increases petrol price by Rs2 per litre | OyeYeah News
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The government has increased the petrol price by Rs2 per litre.

According to a notification issued on Wednesday from the Ministry of Finance, the price of petrol will be Rs112.69 per litre and that of HSD will be Rs113.99 per litre starting July 1 (tomorrow).

In addition, the prices of kerosene and light diesel oil (LDO) have been raised by almost Rs4, to Rs85.75 and Rs83.4 per litre, respectively.

The notification stated that the government has maintained the practice of keeping the prices of petroleum products at an affordable level.

The Oil and Gas Regulatory Authority (​Ogra) had been recommending a substantial increase in the prices of petroleum products since May 1 in view of the rising prices in international markets, it added.

Special Assistant to Prime Minister of Pakistan on Political Communication Shahbaz Gill also shared the update in a tweet.

 

Check out the new petroleum product rates:

ProductOld rateNew rate effective from July 1
PetrolRs110.69Rs112.69
High-Speed DieselRs112.55Rs113.99
Kerosene OilRs81.89Rs85.75
Light Diesel OilRs79.68Rs83.40

the authorSaman Siddiqui
Saman Siddiqui, A freelance journalist with a Master’s Degree in Mass Communication and MS in Peace and Conflict Studies. Associated with the media industry since 2006. Experience in various capacities including Program Host, Researcher, News Producer, Documentary Making, Voice Over, Content Writing Copy Editing, and Blogging, and currently associated with OyeYeah since 2018, working as an Editor.