PM Imran approves Rs5.15 price hike, petrol reaches Rs117.83 per litre

ISLAMABAD: Prime Minister Imran Khan late Wednesday approved a summary of the Oil and Gas Development Authority’s (OGRA) recommendation to hike the price of petrol by Rs5.15.

Per-litre prices of all petroleum products were jacked up, with petrol, diesel, kerosene oil, and light diesel now costlier by Rs5.15, Rs5.65, Rs5.38 and Rs8.90, respectively.

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The new prices for a litre of petrol, diesel, kerosene oil, and light diesel were Rs117.83, Rs132.47, Rs103.84, and Rs90.52, respectively. The new prices were set to come into effect starting Thursday, 0000 hours.

Earlier, the regulatory authority had recommended that the respective per-litre prices of petrol, diesel, kerosene oil, and light diesel be bumped up to Rs117.83, Rs135.72, Rs103.84, and Rs94.27.