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Petrol price likely to go up by Rs16, diesel by 13.50 per litre

By News Desk

September 15, 2023 03:34 PM


Petrol price likely to go up by Rs16, diesel by 13.50 per litre

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The government is likely to drop another ‘petrol bomb’ on people by increasing the POL prices given the rising crude oil prices in the international market, reported 24NewsHD TV channel on Friday.

The crude oil prices in the international market have exceeded $90 per barrel which is above 6 percent increase in 15 days.

A proposal has been made to increase the POL prices due to the increase in the cost of refining deals margin.

It has been proposed to the government to increase the price of petrol by Rs16 to Rs321.35 per litre.

It has also been proposed to the government to increase the price of diesel by Rs13.50 to Rs325.50 per litre.

A proposal has also been made to increase the price of kerosene oil by Rs10 per litre and that of light-speed diesel by Rs8.80 per litre.

Informed sources said that the caretaker prime minister would take the final decision regarding the increase in the prices of petroleum products.

“Only after the prime minister’s approval, the notification of the increase in the prices of petroleum products will be issued which will be applicable after 12pm,” they added.

 

Reporter: Ashraf Khan


News Desk


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