The federal government has approved an increase in the prices of petroleum products.
Petrol
price has been increased by Rs 25.58 per liter and high speed diesel by Rs
21.31 per liter. The new prices will be Apply from 12 noon tonight.
The federal
government has approved an increase in the prices of petroleum products, the
price of petrol has been increased by Rs 25.58 per liter and the price of high
speed diesel by Rs 21.31 per liter. The new prices will be Apply from 12 noon
tonight. According to media reports, OGRA sent a summary of increase in prices
of petroleum products to the Ministry of Petroleum. In the summary, the price
of petroleum increased by Rs 25.58 per liter.
Similarly,
the price of high speed diesel has been increased by Rs 21.31 per liter,
kerosene by Rs 23.50 per liter and light diesel by Rs 17.84 per liter. After
the increase in the prices of petroleum products, the new price of petrol has
been fixed at Rs 100.10 per liter, light diesel at Rs 55.98 per liter and
kerosene at Rs 59.06 per liter.
Similarly,
the new price of high speed diesel has been fixed at Rs 101.46 per liter. The
new prices of petroleum products will be applicable from 12 noon tonight.
On the
other hand, it is being said that the prices of crude oil in the world market
have increased by 100%. Crude oil, which was available at 20 20 a barrel two
months ago, has risen to ڈالر 41.18 a barrel.
The price
has more than doubled. The increase in the prices of petroleum products in the
world market will have a direct impact on the people. A sharp rise in the
prices of petroleum products will lead to another flood of inflation. Which
will have a direct impact on the working, middle and salaried classes. Sources
said that the government has announced to fix petroleum levy at Rs 30 per liter
in the budget. Similarly 17% sales tax and rate margin will be collected in
addition. It should be noted that with the increase in the prices of petroleum
products by the government, the oil marketing companies will now earn crores of
rupees after creating an artificial shortage of petrol.
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