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.
Spotify says it’s working with labels on ‘responsible’ AI music tools
- 5 hours ago
UAB, interim Mortensen shock No. 22 Memphis
- 4 hours ago
Rain predicted in various parts of country
- a day ago
Why world models are the next big thing in AI
- 5 hours ago
Sources: Vols' Vitello favorite to land Giants job
- 4 hours ago
HIV cases among children increase rapidly in Nawabshah
- a day ago
Netflix’s Frankenstein jolts the classic tale with del Toro’s signature flair
- 5 hours ago
Another Israeli spy executed in Iran
- a day ago
Pokémon Legends: Z-A Rotom Phone review: better camera, higher jumps
- 5 hours ago
Rawalpindi Test: Pakistan continues to bat in first innings against South Africa
- a day ago
Gold prices drop in two days
- 21 hours ago
Tomato prices increase significantly, reasons revealed
- a day ago
