Petrol price reaches Rs113.25 per litre

ISLAMABAD: The prices of petroleum products were an increase on Monday evening, with petrol witnessing an increase of Rs4.12 to reach the selling price of Rs113.25 per litre, DawnNews reported.

Earlier, petrol was being sold for Rs109.13 per litre. The new prices of petroleum products are effective from midnight.

High-speed diesel price has been increased by Rs4.69 per litre to Rs116.95 per litre from the existing Rs112.26.

The price of light diesel oil saw an increase of Rs2.81, and reached Rs101.24 per litre from Rs98.43.

The price of kerosene oil went up from Rs105.99 to Rs108.13 per litre after an increase of Rs2.14.

The price of high octane saw an increase of Rs5.57 to Rs143.90 per litre compared to existing Rs138.33.

A notification issued by the government stated that the entire increase in petroleum products prices was not passed on to the consumers.

It further stated that on the directives of prime minister, a subsidy of Rs2 per litre on petrol and diesel would be given.

Also, in October, a subsidy of Rs2.10 million would also be given.

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Comments (7) Closed

maajam

Oct 01, 2013 01:29am

a new subsidy?

Recommend 0

Pray

Oct 01, 2013 02:42am

Don't worry, Pray. He fixed everything else in Pakistan. We are No.1 from Bottom.

Recommend 0

Allah Wassaya

Oct 01, 2013 03:09am

So at what point will Pakistanis decide that we need some population control in this country.

Recommend 0

kirther

Oct 01, 2013 03:46am

It is quiet evident that this government has no control and will ruin the country politically and economically, they will not be able to handle either extremist elements or economy, however they will end-up making billions.-- These comments will not make any impact but I hate to see this beautiful destroyed systematically, Imran Khan has proven to be very immature politician and does not has a clue of how to handle this situation.

Recommend 0

Omar Sadiq

Oct 01, 2013 04:19am

India just decreased its POL prices by Rs 3, while Pakistan just increased its POL price by Rs 4.

Recommend 0

Omer

Oct 01, 2013 05:08am

I wonder what the maximum price of petrol was during Musharraf's tenure, if somebody can put me wise. Long live democratic govts! People shouldn't complain: after all they have democracy, and a democratic govt elected to office with their votes.

Recommend 0

mehboob malik

Oct 01, 2013 10:15am

What type of subsidy they are giving, they cannot make the people fool by these rubbish justifications. Why do not they tell how much tax they are getting on one liter? If they are sincere with the people then why do not the cut the taxes? Every body knows they are doing all this on the directives of IMF to get another loan. No doubt common man's life is becoming miserable day by day by these so called democratic people and KASHKOL champions.

Recommend 0

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