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Petrol price hiked by Rs2.98 for month of february

ISLAMABAD: The government on Wednesday increased the price of different petroleum products for the month of February, said a statement from the Ministry of Finance.

The price of Motor Spirit (MS) 92 RON Petrol has been increased by Rs2.98 per litre. Petrol will now be available for Rs84.51 from its earlier price of Rs81.53 per litre.

The price of diesel (HSD) has been increased by Rs5.92 per litre, and will now be available for Rs 95.83 as compared to earlier price of to Rs 89.91.

Light Diesel Oil (LDO) has been increased by Rs 5.93 from Rs 58.37 and will now be available for Rs64.30 per litre. Furthermore, the price of kerosene has been increased by Rs5.94 from Rs64.32 and will now be available for Rs70.26 per litre.

Oil and Gas Regulatory Authority (OGRA) has recommended double-digit increase in the rates of HSD (Rs. 10.25 per litre), SKO (Rs. 12.74 per litre) and LDO (Rs. 11.72 per litre) on the basis of increase in prices in the international market.

The government decided to reduce the impact on the consumers through adjustment in the applicable levies. The new prices will be effective from February 1 until midnight of February 28, 2018.

The post Petrol price hiked by Rs2.98 for month of february appeared first on ARYNEWS.

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