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Petrol crosses Rs145 per litre in midnight surprise


Islamabad   –  The government on Thursday increased prices of petroleum products upto Rs8.14 per litre.

The Finance Division, in its notification on Thursday, increased price of petrol by Rs08.03 per litre, high speed diesel (HSD) price by Rs8.14/litre, light diesel oil by Rs5.72/litre and kerosene oil (SKO) by Rs6.27/litre. The new prices of petrol, HSD, light diesel and kersosene will be Rs145.8, Rs142.62/litre, Rs114.07 and Rs116.53, respectively.

The notification says, “On November 1, 2021, the prime minister had not agreed with the proposals worked out by Ogra and Finance Division and directed to maintain the prices as notified on 16 October. It is pertinent to mention that maintaining the October 16 petroleum prices had some underlying concerns for cash flow issues due to short recovery of cost.”

The new prices will be applicable from 05th November, 2021.

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