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Tuesday, August 31, 2010

Kerosene and diesel prices increased


ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) increased on Tuesday prices of three petroleum products - kerosene, high speed diesel and light diesel oil - by up to 2.2 per cent and reduced by 0.7 per cent the prices of petrol and high octane blending component (HOBC).





The motor spirit (MS) price has been reduced by 0.7 per cent or 48 paisa per unit to Rs67.26 per litre from Rs67.74. - File Photo


As part of the monthly price adjustment, Ogra said the revision in petroleum prices was necessitated by changes in the Arab Gulf petroleum prices during August.


As a result, the price of kerosene has been increased by 1.1 per cent or 72 paisa per litre to Rs65.57 from Rs64.85


Likewise, the per litre price of light diesel oil has been increased by 2.2 per cent or Rs1.32 per litre to Rs62.67 from Rs61.35 per litre.


Similarly, the price of high speed diesel has been jacked up to Rs74.60 per litre from Rs73.03, an increase of Rs1.57 or about 2.2 per cent.


On the other hand, the motor spirit (MS) price has been reduced by 0.7 per cent or 48 paisa per unit to Rs67.26 per litre from Rs67.74.


The price of HOBC has also been reduced by 0.6 per cent or 49 paisa per unit to Rs79.85 per litre.

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