Sports
Govt increases petrol price by Re0.56 per litre
字号+ Author:Smart News Source:Health 2025-01-13 16:43:41 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
-
India mosque survey sparks clashes, leaving 2 dead in Uttar Pradesh
2025-01-13 16:42
-
History's most renowned psychics predict disasters to sweep world in 2025
2025-01-13 16:35
-
Which countries will ring in New Year 2025 first and last?
2025-01-13 15:06
-
Montenegro restaurant firing leaves several dead: police
2025-01-13 14:34
User Reviews
Recommended Reads
Hot Information
- Super Typhoon Man-yi pounds Philippines
- Moscow, Kyiv end Russian gas transit to Europe via Ukraine
- S Korean court orders arrest of suspended President Yoon
- Biden works to safeguard Trump-proof agenda as term nears end
- JCP approves 9 judges for Sindh High Court’s constitutional benches
- US driver flying Daesh flag rams into New Orleans crowd, killing 15
- 'Never seen anything like this': Elon Musk after Cybertruck blast claims life
- Jeju Air tragedy: What we know so far
- Screening camps under Health Week set up in Attock, Taxila
Abont US
Follow our WhatasApp account to stay updated with the latest exciting content