Govt raises petrol price by Rs6 per litre

ISLAMABAD: The federal government on Sunday increased the prices of petroleum, oil and lubricants, with petroleum going up by Rs6 per litre, Geo News reported.The new price of petrol will now be Rs98.89 per litre, it emerged. The price of high-speed diesel was also increased by Rs6 per litre, taking it to Rs117.43 per litre. Similarly, the prices of light diesel oil and kerosene went up by Rs3 per litre each, taking them to Rs80.54 and Rs89.31 per litre, respectively. The new prices were to take effect from April 1. Earlier, the Oil and Gas Regulatory Authority (Ogra) had recommended Rs11.92 per litre increase in the price of petrol, sources told Geo News. Similarly, the Ogra had suggested Rs11.17 and Rs6.65 per litre hike in price of high speed diesel and kerosene oil respectively. It had also recommended Rs6.50 increase in the price of light diesel, the sources said.—

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