ISLAMABAD, October 31: The government on Thursday approved an increase in the price of petrol by Re1 per litre for the month of November amid fluctuation in global crude oil prices.
A day earlier, the Oil and Gas Regulatory Authority (Ogra) had recommended the price of petrol may be increased by Re1 per litre and the price of high-speed diesel by Re0.27 per litre.
On the other hand, it had suggested a reduction of Rs2.39 per litre in the price of kerosene oil and Rs6.56 per litre in light diesel oil LDO.
With the price of petrol up by Re1 per litre, the price has jumped up from the existing Rs113.24 to Rs114.24 per litre whereas the price of high-speed diesel hiked to Rs127.41 per litre from the Rs127.14, registering an increase of Re0.27 per litre. The price of LDO, which is mainly used for industrial purposes, has come down to Rs85.33 per litre from the Rs91.89 registering a reduction of Rs6.56 per litre. – Agencies
