POL rates increased.

Byline: Fawad Yousafzai

ISLAMABAD -- The government on Tuesday revised the POL prices and increased the rates of petrol by Rs 2.61 per litre and High Speed Diesel (HSD) by Rs 2.25 per litre for the month of January, 2020.

As per the notification issued by the government, the entire increase by Ogra in all the petroleum products has been passed on to the consumers.

As per the notified prices an increase of up to 3.2 per cent in the prices of various petroleum products has been allowed for the first month of the new year.

As per the notification kerosene oil has been increased by Rs 3.10 per litre or 3.2 per cent and Light Diesel Oil (LDO) by Rs 2.08 per litre or 2.5 per cent. Similarly for High Speed Diesel (HSD) has been hiked by Rs 2.25 per litre or 1.8 per cent and petrol by Rs 2.61 per litre or 2.3 per cent.

After the increase petrol price will go up from existing Rs 113.99 per litre to Rs 116.60 per litre,

High Speed Diesel price will jump to Rs 127.61 per litre from the existing Rs 125.01 per litre.

The rate of LDO will go up to Rs 84.51 per litre from Rs 82.43 per litre.

Similarly Kerosene oil price will go up from the existing current Rs 96.35 to Rs 99.45 per litre.

In a summary moved to Petroleum Division, Oil and Gas Regulatory Authority (Ogra)...