Sports
Govt increases petrol price by Re0.56 per litre
字号+ Author:Smart News Source:Business 2025-01-07 05:06:50 I want to comment(0)
ISLAMABAD: The federal government on Tuesday notified an increase of Re0.56 per litre in petrol price for the first fortnight of 2025, starting from January 1. "The Oil and Gas Regulatory Authority (OGRA) has worked out the consumer prices of petroleum products in view of the fluctuations in the international market in the last fortnight," stated a notification issued by the Finance Division. As per the notification, the price of petrol has reached from Rs252.10 per litre to Rs252.66, after a slight increase of Re0.56. Meanwhile, the price of high-speed diesel (HSD) went up by Rs2.96, reaching Rs258.34 per litre from Rs255.38 per litre. In the previous fortnight, the government had kept the prices of petrol unchanged at Rs252.10 per litre besides reducing the rate of high-speed diesel by Rs3.05 to Rs255.38 per litre. Similarly, the prices of kerosene and light diesel were also slashed by Rs3.32 and Rs2.78 to Rs161.66 per litre and Rs148.95 per litre, respectively. Petrol is mainly used in private transportation, small vehicles, rickshaws, and two-wheelers. Higher fuel prices significantly impact the budgets of the members of the middle and lower-middle classes, who primarily consume petrol for commuting. On the other hand, a significant portion of the transport sector relies on high-speed diesel. Its price is considered inflationary since it is predominantly used in heavy goods transport vehicles, trucks, buses, trains, and agricultural machinery such as tractors, tube wells, and threshers. The consumption of high-speed diesel particularly contributes to the increased prices of vegetables and other food items.
1.This site adheres to industry standards, and any reposted articles will clearly indicate the author and source;
Related Articles
-
Pakistan delays implementation of 5-year BDS programme for one year
2025-01-07 04:56
-
Coffee, tea consumption might lower risk of cancer
2025-01-07 04:14
-
Govt kicks off last polio campaign of 2024 amid surge in cases
2025-01-07 03:06
-
UN urges action over alarming rate of HIV cases among girls in 2023
2025-01-07 02:58
User Reviews
Recommended Reads
Hot Information
- ایلان مسک کا اسٹار لنک، سیکپ کے ساتھ رجسٹرڈ، وزیر مملکت نے تصدیق کی
- New HIV infections, deaths falling worldwide
- Over 90% of medical stores lack essential pharmacist oversight in Pakistan
- SC constitutional bench fixes civilians military trial plea for hearing
- Pakistan delays implementation of 5-year BDS programme for one year
- British lawmakers give initial support to assisted dying bill
- SC constitutional bench fixes civilians military trial plea for hearing
- Coffee, tea consumption might lower risk of cancer
- پاکستان نے 5 سالہ بی ڈی ایس پروگرام کے نفاذ میں ایک سال کی تاخیر کردی ہے۔
Abont US
Follow our WhatasApp account to stay updated with the latest exciting content