Petrol price in Pakistan increased for Feb

The price of petrol and petroleum products may once more shoot up after February 15, sources on Saturday.

According to sources, the Oil and Gas Regulatory Authority (OGRA) has sent a summary for revision of rates to the Petroleum Division.

Sources said that OGRA has based the recommended rates on a levy of Rs30 per liter and has advised that the price of petrol raised by Rs16 per liter.

In the summary forwarded by OGRA, diesel recommended; priced at Rs14.75 per liter more expensive, the sources said.

They added that currently, a petroleum levy of Rs21.04 is in effect besides a levy of Rs22.11 per liter for diesel.

Last month, at the turn of February; the price of petrol went up by Rs2.70 per liter.
Light diesel oil saw a rise in price by Rs3, high-speed diesel by Rs2.88, and kerosene by Rs3.54 per liter.

The following are the current rates for petroleum products in Pakistan.

On one side Karachi is gifted by fire tenders from Prime Minister Imran Khan, but on the other hand, price raise recommendation making the nation worried about inflation. The recommendation has given initially in February; by the start of the year price fluctuation is constant.