Revised prices of petrol, HSD await govt approval

ISLAMABAD: Fluctuation in the global crude oil prices have led the Oil and Gas Regulatory Authority (OGRA) to recommend a slight increase in petrol and high speed diesel (HSD) for the month of November.

The revised prices suggested by OGRA will cause the petrol price to rise by Re 1 per litre and Rs 0.27 per litre for HSD. Meanwhile, it has proposed a reduction of Rs2.39 per litre in the price of kerosene oil and Rs6.56 per litre in the price of light diesel oil (LDO).

If approved by the government, the new petrol price will increase from Rs 113.24 to Rs 114.24 per litre, and HSD’s price will go up from Rs 127.14 to Rs 127.41 per litre.

On the other hand, the price of LDO, will reduce to Rs85.33 per litre from Rs91.89. Likewise, the price of kerosene oil will fall from Rs99.57 to Rs97.18 per litre.

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