Petroleum Prices See Record Hike in One Month

Petroleum prices have been revised to record level as the federal government decided to increase petrol (RON 92) to Rs. 99.50 per liter.

High Speed Diesel price is increased to Rs. 119.31, Kerosene Oil price is increased to Rs. 87.70 per liter while Light Diesel Oil price is increased to Rs. 80.91 per liter.

Government has said that prices have been increased primarily due to increase in international prices and depreciation in value of Pakistani Rupee.

It said that prices hike is in line with OGRA’s recommendation and the government decided to increase prices exactly how OGRA had recommended due to a tight fiscal position.

New prices will be effective immediately, starting July 1st, 2018.

Product Old Price New Price
RON 92 Petrol 91.96 99.50
Diesel (HSD) 105.31 119.31
Kerosene Oil 84.34 87.70
Light Diesel (LSD) 74.99 80.91

 


  • Affan Ahmed

    looks how easy for them to say depreciation in value of PKR and tight fiscal position…. MF

    Who is responsible for:
    Depreciation in value of Pakistani Rupee.
    Pakistani Tight fiscal position.
    Isn’t the Govt himself is responsible for that.

    • Xahid

      I hope CJ will revert this decision on the next hearing.

    • Xahid

      I hope CJ will revert this decision on the next hearing.

  • Ghias Arsalan

    = see my indian movie october

  • Ghias Arsalan

    = see my indian movie october , i am doing wait of october 2018