ISLAMABAD According to the recommendation of the Oil and Gas Regulatory Authority (OGRA), the departing caretaker administration has increased the price of gasoline by Rs13.55 per liter for the upcoming two weeks.
Given the ongoing tensions in the Middle East and Israel’s continued aggression towards Gaza, the most recent price increase makes sense. The revised POL rates take effect at midnight on February 1.
According to the Finance Division’s statement, “the Government of Pakistan has decided to bring changes in the current prices of petroleum products during the fortnight starting from 1st February 2024, as recommended by OGRA.”
ItemsCurrent cost
updated cost
Elevate or Decrease Fuel
Rs272.89 + Rs13.55 = Rs259.34
High Speed Diesel (HSD): Rs. 276.96 + Rs. 276.21
Following the adjustment, the cost of gasoline is currently Rs272.89
whereas high-speed diesel now costs Rs278.96 a litre following a hike of Rs2.75 per litre.
Additionally, after an increase of Rs0.24, the price of kerosene oil has dropped to Rs186.62 per litre, and the price of light-speed diesel has increased to Rs166.86 per litre after an increase of Rs 2.03 per litre.
