The federal government on the recommendation of OGRA has increased the prices of petroleum products for the month of August.
The price of petrol has been increased by Rs. 5.15/litre and Rs. 5.65/litre for High-Speed Diesel (HSD).
Kerosene price is increased by Rs. 5.38/litre and Light Diesel Oil (LDO) price is increased by Rs. 8.9/litre.
New Prices of Petroleum Product for the Month of August-2019 are mentioned below:
|Price Per Litre||New Price||Old Price||Change|
|Light Diesel Oil||97.52||88.62||10%|
The petroleum product prices have been kept at the same level since May-19. Although Crude Oil prices have fallen in this period, however, as Rupee has depreciated by around 8% over a couple of months, the impact is being passed through.