Kerosene falls Rs4.45/litre, to Rs360.76/litre; light diesel costlier by Rs 17.03/litre to Rs 287.54/litre
Petroleum oil.
ISLAMABAD:
The government has revised the prices of petroleum products, reduced the price of kerosene and at the same time significantly increased the price of light diesel.
According to a notification issued by the Oil and Gas Regulatory Authority (Ogra), the price of kerosene dropped by Rs4.45 per litre, bringing the new rate to Rs360.76 per litre.
In contrast, light diesel became dearer by Rs17.03 per litre, with the new price set at Rs287.54 per litre. The adjustment reflects fluctuations in international oil markets and exchange rate pressures, which affect domestic fuel pricing.
Amid a blockade of the Strait of Hormuz due to the Iran-US conflict, the government on Thursday raised the price of high-speed diesel (HSD) by Rs 19.39 per liter and the price of petrol by Rs 6.51 per liter for a week.
HSD will now sell at Rs 399.58 per litre, up from Rs 380.19, while petrol will be available at Rs 399.86 per liter compared to the previous price of Rs 393.35, reflecting an increase of Rs 6.51 per litre.
HSD is widely used in the transport and agricultural sectors. With the sowing season underway, the price increase is expected to affect agriculture negatively.
