Originally published at: https://www.pakwheels.com/blog/petrol-price-increased-by-rs-5-4-per-liter-again/
They say, "Third time's a charm". But, the government of Pakistan has proved 'em wrong. Petroleum prices have been increased the first time, the second time, and now for the third time in a row. On the 16th of June, the petrol price increased by Rs. 2.13 per liter. On 1st of July, the petrol price jumped up by Rs. 2 per liter. Now, the price has gone up by Rs. 5.4 per liter with effect from 16th of July.
As per reports, The Oil and Gas Regulatory Authority (OGRA) sent a summary to the Petroleum Division.OGRA proposed to increase petrol price by Rs. 11.5, high speed diesel price by Rs. 2.40, light speed diesel price by Rs. 1.40, and kerosene oil price by Rs. 1.50. The Prime Minister, Imran Khan, reviewed and approved the proposal, but with some tweaks and changes. The finance ministry announced the new prices today. Petrol price has been increased by Rs. 5.4 and diesel price by Rs. 2.54.
Old Petrol Price
As per the old petroleum prices in Pakistan, petrol was at Rs. 112.69 per litre. Diesel, light diesel, and kerosene oil were at Rs. 113.99, Rs. 83.40, and Rs. 85.75, respectively.New Prices
After the government increased the petroleum prices, the new petrol price has become Rs. 118.09, and the new diesel price is Rs. 115.62
. The price of light diesel and kerosene oil have come to Rs. 84.67 and Rs. 87.14. The new prices will be in effect from tomorrow.
Increasing the petroleum prices thrice in a row is definitely not cool. But they are saying it's because of the international price hike. What do you think about the government’s decision of increasing the petrol prices yet again? How do you feel about another price hike of Rs. 5.4? How do you think the others are reacting? Share your thoughts in the comments section.
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