The federal government on Thursday, through a late-night notification issued by the Ministry of Finance, announced a Re 1 increase in the price of petrol for the month of November. The price of petrol was increased from Rs 113.24 to Rs 114.24 per litre, as per the recommendations of the Oil and Gas Regulatory Authority (OGRA). High speed diesel (HSD) price was increased by Rs 0.27 per litre, as it went up from Rs 127.14 per litre to Rs 127.41 per litre. The prices of kerosene and light diesel oil (LDO) saw a reduction of Rs 2.39 and Rs 6.56, respectively. Kerosene, this month, will be priced at Rs 97.18 and light diesel oil at Rs 85.33. A day earlier, an OGRA official had said that the government will be losing only about Rs 650 million if it keeps the prices largely unchanged for November, but will earn a lot of goodwill at a time when opposition parties are holding big protest rallies.
Petrol price up by Re 1 for November
The federal government on Thursday, through a late-night notification issued by the Ministry of Finance, announced a Re 1 increase in the price of petrol for the month of November. The price of petrol was increased from Rs 113.24 to Rs 114.24 per litre, as per the recommendations of the Oil and Gas Regulatory Authority […]
