Govt hikes petrol price by Rs3.47, high-speed diesel by Rs2.61

The federal government on Wednesday hiked the petrol price by Rs3.47 per litre and that of high-speed diesel (HSD) by Rs2.61 per litre for the next fortnight. The new petrol price is Rs256.13 per litre and that of HSD is Rs260.95. “Ogra has worked out the consumer prices of petroleum products in view of fluctuations in international market in the last fortnight,” said a press release from the Finance Division. It did not mention changes in the prices of kerosene and light diesel oil. Informed sources had earlier said the ex-depot petrol price was estimated to go up by Rs5-6 per litre depending on the final calculation. Kerosene and diesel prices were expected to rise by about Rs3 and 2 per litre, respectively.