Petroleum products prices may rise by up to Rs4 a liter from Oct. 1

  • September 23, 2013, 6:23 pm
  • National News
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ISLAMABAD, Sept 23 (ONline): Prices of various petroleum products are likely to increase by up to Rs 4 per liter from October 1.

According to media reports the rise is expected because of rising oil prices in the international markets wherein crude oil prices have risen to $114 per barrel from $111 per barrel.

In the local market, petrol prices are likely to increase by Rs4 per liter, kerosene oil by Rs2.50 per liter, diesel by Rs2 a liter and light diesel oil by Rs2.15 a liter.

Sources said Oil and Gas Regulatory Authority will send the final summary on Sept. 29 to the ministry of petroleum for approval.