From February 1, the prices of petroleum products are likely to increase by up to Rs 6 per liter.
According to the report, petrol is likely to become expensive by Rs 1.24 and diesel by Rs 4.49, light diesel oil by Rs 5.93, kerosene oil is likely to become expensive by Rs 5, prices will increase at the domestic level due to the increase in prices in the global market.
According to the report, the industry has sent the working paper related to petroleum products to OGRA, OGRA will determine the prices in proportion to the global market on January 31.
Prime Minister Shahbaz Sharif will give the final approval regarding the prices, the Ministry of Finance will issue a notification of the prices of petroleum products, the new prices will be implemented from February 1 to February 15.
