Govt. increases petrol price by Rs2 per litre | OyeYeah News
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:
| Product | Old rate | New rate effective from July 1 |
| Petrol | Rs110.69 | Rs112.69 |
| High-Speed Diesel | Rs112.55 | Rs113.99 |
| Kerosene Oil | Rs81.89 | Rs85.75 |
| Light Diesel Oil | Rs79.68 | Rs83.40 |
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