ISLAMABAD: The Government of Pakistan has increased the petroleum oil lubricant (POL) Prices for the month of April 2019.
The price of Petrol and high speed diesel has been increased by Rs 6 per litre.
The prices of light diesel and kerosene oil raised by Rs 3 per litre each.
Petrol will now cost Rs 98.89 after an increase of Rs6.
The price of high-speed diesel has been increased to Rs 117.43, light diesel will cost Rs80.54 and kerosene oil will cost Rs89.31
Earlier, the Oil and Gas Regulatory Authority (OGRA) has recommended the federal government to hike prices of petroleum products by Rs 12/-
According to the details, the OGRA sent a summary to the federal government. In the summary, the OGRA proposed to hike the prices of diesel and petrol in line with fluctuation of oil prices in the international market.
According to new prices which are similar to the Caretaker Government in July 2018.
The new prices will take effect from midnight on April 1, 2019.