Petroleum products prices increased by upto Rs4.75/litre

Petroleum products prices increased by upto Rs4.75/litre

KARACHI: The government has increased the prices of petroleum products, in the range of Rs2.5 to Rs4.75 per litre for the month of March 2019. The price of Motor Spirit (Petrol) 92-RON is raised by Rs2.5 to Rs92.88/litre. Price of High Speed Diesel (HSD) is increased by Rs4.75 to Rs111.43/lire. Price of Kerosene Oil (SKO) is raised by Rs4.0 to Rs86.3/litre. Price of Light Diesel Oil (LDO) is increased by Rs2.5 to Rs77.53/litre. It may be added that based on international oil prices, increase of Rs. 4.71, Rs 9.44, Rs 8.06 and Rs 5.12 per litre in the price of MS (Petrol), HSD, Kerosene Oil and LDO respectively was worked out but the government decided not to pass on the full impact of price increase to the consumers and approved a reduced level of increase. The new prices shall be applicable from 1st to 31st March 2019.
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