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National

Petrol price increased by Rs1.20 per litre, diesel rate cut by Rs0.17

APP
Petrol price cut by Rs2.71 per litre, diesel cheaper by Rs0.03
ISLAMABAD, Oct 14 (APP):The federal government on Wednesday increased the price of petrol by Rs1.20 per litre and reduced the price of high-speed diesel by Rs0.17 per litre, effective October 15.
According to a press release issued by the Ministry of Energy’s Petroleum Division, the Oil and Gas Regulatory Authority (Ogra) revised the ex-depot prices of petroleum products under the government’s pricing mechanism.
Following the revision, the price of petrol has risen from Rs392.66 to Rs393.86 per litre, while the price of high-speed diesel has fallen from Rs396.82 to Rs396.65 per litre.
The ministry said the adjustments were made in view of developments in the international market, including changes in Platts rates, premiums and other incidental costs.

Source: APP (Associated Press of Pakistan)

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