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Govt hikes petrol price by Rs4.53 per litre
Web Desk GTV
16 April, 2024 08:59
The government has hiked the price of petrol for next fortnight by Rs4.53 per litre in line with increase in the international oil market.
A notification issued by the Finance Division said the price of high-speed diesel has also been hiked by Rs8.14 per litre to Rs290.38 per litre.
The new prices of petroleum products will be effective from April 16.
| Products | Existing price | New price | Increase/Decrease |
| Petrol | Rs289.41 | Rs293.94 | +Rs4.53 |
| High Speed Diesel (HSD) | Rs282.24 | Rs290.38 | +Rs8.14 |
Also, the government hiked the prices of kerosene oil by Rs6.69 to Rs193.8 per litre and increased the prices of diesel by Rs6.54 to Rs174.34 per litre.
The notification says the prices of petroleum products have increased in the international market during the last 15 days. The Oil & Gas Regulatory Authority (OGRA) has worked out the consumer prices, based on the price variations in the international market,” read the notification.
The federal government, in the last fortnightly review, had increased the price of petrol by Rs9.66 but it cut the price of HSD by Rs3.32 per litre.
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