ISLAMABAD: The federal authorities on Thursday elevated costs of petroleum oil and lubricants (POL), with petrol going up by Rs2.5 per litre.
The brand new value of petrol will likely be Rs92.88 per litre, learn a notification issued by the Ministry of Finance.
Equally, the worth of diesel was elevated by Rs4.75 per litre, taking it to Rs111.43 per litre.
The brand new value of kerosene oil reached Rs86.31 per litre after it was elevated by Rs4 per litre, in keeping with the notification.
The value of sunshine diesel oil additionally went up by Rs2.5 per litre, reaching Rs77.53 per litre.
The brand new costs will take impact from midnight on March 1.
The notification mentioned that authorities had labored out larger enhance within the costs, owing to hike in oil costs in worldwide market.
“However the authorities determined to not move on the total impression to the shoppers and accredited a decreased stage of enhance,” it added.