ISLAMABAD: Government likely to jack up petroleum products prices for February. The Oil and Gas Regulatory Authority (OGRA) has suggested Rs12 per litre increase in the price of petrol and Rs10 per litre rise for diesel in its latest summary sent to the petroleum division.
Earlier, the government had increased the petroleum products prices twice in January.
Sources in the petroleum division said that Ogra has prepared its summary on the basis of a levy of Rs30 per litre. Currently, the levy on petrol is Rs21.56 per litre and Rs23.9 per litre on diesel.
The final decision will be taken by the Ministry of Finance headed by Dr Abdul Hafeez Shaikh after consultation with Prime Minister Imran Khan.
The price of petrol went up by Rs2.31, since January 1 and diesel by Rs1.80, whereas on January 15, the government again raised up the price of petroleum products with a peak of Rs3.20 more costly per litre and diesel Rs2.95 more expensive per litre.
Big 12: 11 potential (and probable) tournament teams
- 39 minutes ago
NFL draft prospects with a true Round 1 grade: 11 players who are clear first-rounders
- 39 minutes ago
Six killed in roof collapse incident in KP’s Charsadda
- 9 hours ago
Cam Ward's rookie year: A timeline look at the ups, downs for the No. 1 pick
- 39 minutes ago
TGL best moments: Boston Common earns first win in team history
- 39 minutes ago
Large part of Maduro's security team killed in U.S. action-Venezuela defense minister
- 7 hours ago
You can charge the battery in Belkin’s new Switch 2 power case without opening it
- 2 hours ago
Pakistan, China agree to enhance coordination at bilateral, multilateral fora
- 12 hours ago
Cold, dry weather expected to prevail in most parts
- 12 hours ago
Rubio says US to work with current Venezuela leaders if they make ‘right decision’; Maduro now in NY jail
- 10 hours ago
Plaud updates the NotePin with a button
- 2 hours ago
India’s extremism and the plight of minorities
- 9 hours ago
