ISLAMABAD: Prices of petroleum products are expected to rise again starting February 16, following the completion of initial price calculations by the Oil and Gas Regulatory Authority (OGRA), according to sources.
According to sources, petrol is anticipated to increase by Rs4.39 per litre, while high-speed diesel may see a rise of Rs5.40 per litre. Additionally, kerosene oil is likely to become more expensive by Rs4 per litre, and light diesel oil could increase by up to Rs6.55 per litre.
If the proposed summary is approved without any changes, the new price of petrol will be Rs257.56 per litre, and high-speed diesel will be priced at Rs273.78 per litre starting February 16. Kerosene oil is expected to be set at Rs179.80 per litre, while light diesel will be priced at Rs160.96 per litre.
OGRA is preparing to submit its final calculations to the government, after which the Prime Minister’s approval will be requested. Once approved, the Petroleum Division will officially announce the new prices.
The revised rates will be effective for the next 13 days.
