Fuel station employee displays new prices of petroleum products at a fuel station in Karachi on Wednesday, August 01, 2012. Pakistan Oil and Gas Regulatory Authority (OGRA) were increased petroleum products and CNG prices by up to 8.9 percent due to the global rise in oil. (S.Imran Ali/PPI Images).
A Fuel station employee displays new prices of petroleum products in Karachi. – File Photo by PPI

KARACHI: The government on Wednesday has issued a notification to announce an increase in the prices of hydrocarbons. The new prices will be implementable after midnight tonight.

It was decided to retain the prices of petroleum products on Eid-ul-Fitr. However, due to severe opposition by the finance ministry the government has announced the increased prices.

Petrol is increased by Rs3 and 21 paisa, High Octane Rs4 and 85 paisa, Kerosene oil Rs3 and 52 paisa and price of light diesel has been increased by Rs3 and 19 paisa.

The prices after increment are; Petrol Rs96.78, High Octane is Rs125.01, Kerosene oil is Rs96.35 and Light Diesel is Rs93.30.

Moreover, it has also been decided to increase CNG prices by up to Rs2.95.

Opinion

Editorial

Ties with Tehran
Updated 24 Apr, 2024

Ties with Tehran

Tomorrow, if ties between Washington and Beijing nosedive, and the US asks Pakistan to reconsider CPEC, will we comply?
Working together
24 Apr, 2024

Working together

PAKISTAN’S democracy seems adrift, and no one understands this better than our politicians. The system has gone...
Farmers’ anxiety
24 Apr, 2024

Farmers’ anxiety

WHEAT prices in Punjab have plummeted far below the minimum support price owing to a bumper harvest, reckless...
By-election trends
Updated 23 Apr, 2024

By-election trends

Unless the culture of violence and rigging is rooted out, the credibility of the electoral process in Pakistan will continue to remain under a cloud.
Privatising PIA
23 Apr, 2024

Privatising PIA

FINANCE Minister Muhammad Aurangzeb’s reaffirmation that the process of disinvestment of the loss-making national...
Suffering in captivity
23 Apr, 2024

Suffering in captivity

YET another animal — a lioness — is critically ill at the Karachi Zoo. The feline, emaciated and barely able to...