Petrol Price Up By Rs 2.98 Per Litre
The government Wednesday revised the prices of petroleum prices for the month of February 2018 and decided to increase the price petrol by Rs 2.98 per litre to Rs 84.51.
The new prices will be applicable from February 01, 2018, a statement issued by the Ministry of Finance said.
The price of High-Speed Diesel was also increased by Rs 5.92 from Rs 89.91 per litre to Rs 95.83 per litre which will be applicable from February 1, 2018.
Similarly, the price of Superior Kerosene Oil (SKO) was also increased by Rs 5.94 per litre and the new price would be Rs 70.26 per litre.
The per litre price of Light Diesel Oil was also increased by Rs 5.93 per litre to Rs 64.3 per litre.
It may be mentioned that Oil and Gas Regulatory Authority (OGRA) had proposed double-digit increase in the rates of HSD (Rs10.25 per litre), SKO (Rs. 12.74 per litre) and LDO (Rs. 11.72 per litre) for the month of February on the basis of increase in prices of petroleum products in the international market.
The Government, however, decided to reduce the impact on the consumers through adjustment in the applicable levies.