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Petrol and high-speed diesel prices increased by Rs 4 per liter

The increase has been announced to meet the petroleum levy target agreed with the International Monetary Fund (IMF).

petrol and high speed dieselPetrol and high-speed diesel prices increased by Rs 4 per liter | OyeYeah News
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Petrol and high-speed diesel prices increased by Rs 4 per liter by the government on new year’s eve for the first 15 days of January 2022.


With the new increase, the price of petrol will go up from the previous Rs140.82 per litre to Rs144.82 per litre, while the price of high-speed diesel will jump to Rs141.62 per litre from the previous Rs137.62 per litre.

The rate of light diesel oil is increased by  Rs111.06 per litre from Rs107.06 per litre. Similarly, the price of kerosene will go up from Rs109.53 to Rs113.53 per litre.

Price of petroleum products

ProductExisting prices (per litre)New prices
w.e.f
01.01.2022 (per litre)
Increase/Decrease
MS (Petrol)Rs140.82Rs144.82+4.00
High-Speed Diesel (HSD)Rs137.62

Rs141.62+4.00
Kerosene (SKO)Rs109.53Rs113.53+3.95
Light diesel oil (LDO)Rs107.06Rs111.06+4.15

Notification issued by the Finance Division late on Friday stated: “In the fortnightly review of petroleum products prices, Prime Minister [Imran Khan] has rejected the proposal of Ogra (Oil and Gas Regulatory Authority) for an increase in prices of petroleum products and advised to increase only Rs4 per litre to meet the petroleum levy target agreed with the IMF (International Monetary Fund).”

notification

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.