Islamabad 15, August 2022: The government on Monday announced an increase in price of petrol despite a decrease in oil prices in the international market. Petrol price increased by Rs. 6.72 to 233.91 per litre and Diesel price reduced by Rs. 0.51 to 244.44 per liter. Increase in petrol price is due to Rs5.54 higher weighted average cost of Mogas supply of PSO.
The price of diesel saw a decrease of Rs0.51 while the per litre rate of light diesel jacked up by Rs0.43 per litre. The price of kerosene oil decreased up to Rs1.67 per litre, the notification read.
According to a notification issued by the Finance Division, petrol will now be priced at Rs233.91 after the latest hike, followed by high speed diesel at Rs244..44, kerosene oil at Rs199.40 and light diesel at Rs191.75.
