Islamabad October 16, 2021: Government of Pakistan has increased prices of Petrol, High Speed Diesel (HSD), Kerosene and Light Diesel Oil (LDO) increased by PKR 10.49, PKR 12.44, PKR 10.95 and PKR 8.84 per litre.
The new effective prices will be MS (Petrol) PKR 137.79, High Speed Diesel (HSD) PKR 134.48, Kerosene (SKO) PKR 110.26 and Light diesel Oil PKR 108.35 per litre.
A L S O || R E A D
Government Increase Petrol Price By PKR 4 Per Litre: Ministry of Finance
At present, oil prices have risen around $85 a barrel (Global Benchmark Brent) highest since October 2018.
Importantly, entire energy chain prices have witnessed a strong surge in the past couple of months due to higher demand for energy inputs and supply bottlenecks.
In the current scenario, the government has absorbed the pressure and provided maximum relief to the consumers by keeping Petroleum Levy and Sales Tax to minimum. Therefore, prices worked out by OGRA have been approved.
These prices will be effective from October 16 2021.
