Petrol Prices increased by Rs.2.70

MG News | January 31, 2021 at 09:45 PM GMT+05:00

0:00

January 31, 2021: Prime Minister Imran Khan Sunday while rejecting the OGRA’s summary for petrol price hike by Rs 13.18 per liter, approved a minimal increase of just Rs 2.70.

The Oil and Gas Regulatory Authority (OGRA) had proposed an increase of Rs 13.18 in petrol prices, Rs 12.12 and Rs 11.10 in prices of high speed diesel and kerosene oil respectively. The regulator also recommended the price hike of light diesel by Rs 6.62 per liter, effective from February 1.

However, considering the public interest, the prime minister approved an increase of Rs 2.70 per liter in petrol price, Rs 2.88 for high speed diesel, and Rs 3.54 and Rs 3.00 in the prices of kerosene oil and light diesel respectively.

In case of OGRA summary’s approval, new petrol price would have been Rs 122.38 per liter, high speed diesel at Rs 125.31 and kerosene oil and light diesel at 87.75 and 82.85 respectively.

However, following the minimal increase on PM’s directive, the new petrol price would be Rs 111.9 per liter, high speed diesel at Rs 116.07, kerosene Rs 80.19 and light diesel 79.23.

APP

Related News

Name	Price/Vol	%Chg/NChg
KSE100	158,465.06 390.15M	-1.02% -1635.97
ALLSHR	96,559.16 950.27M	-0.99% -966.38
KSE30	48,334.92 161.42M	-1.07% -524.48
KMI30	229,055.35 110.24M	-1.35% -3133.53
KMIALLSHR	63,239.37 426.71M	-1.12% -719.42
BKTi	44,632.28 59.89M	-0.70% -315.76
OGTi	31,295.76 12.54M	-0.78% -245.37

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	113,275.00	113,775.00 112,135.00	-470.00 -0.41%
BRENT CRUDE	64.37	64.79 63.92	-0.03 -0.05%
RICHARDS BAY COAL MONTHLY	80.50	0.00 0.00	-0.55 -0.68%
ROTTERDAM COAL MONTHLY	92.50	0.00 0.00	-0.20 -0.22%
USD RBD PALM OLEIN	1,082.50	1,082.50 1,082.50	0.00 0.00%
CRUDE OIL - WTI	60.07	60.52 59.70	-0.08 -0.13%
SUGAR #11 WORLD	14.27	14.45 14.21	-0.10 -0.70%