Govt Hikes Price of Diesel, Petrol Kept Unchanged

The federal government has increased the price of high-speed diesel while keeping the price of petrol unchanged for the next fortnight.  The price of petrol will remain at Rs. 247.03 per liter while the price of high-speed diesel has been increased by Rs. 5 per liter to Rs. 251.29. The new prices will be effective from October 16. In a brief statement, the finance ministry said the prices have been revised by Oil & Gas Regulatory Authority (OGRA) based on the price variations in the international market.  At the last fortnightly review of petroleum prices the price of petrol was cut by Rs. 2.07 per liter to Rs. 247.03, while the price of high-speed diesel was reduced by Rs. 3.40 per liter to Rs. 246.29.