This article is all about GOVT increased fuel prices up to Rs 8.82 in October 2021 which will create a big impact on the inflation rate in Pakistan in the coming days.
According to the notification Federal government once again dropped the petrol bomb on the people, the price of petroleum products was increased to Rs 8.82
New Petrol Price
The federal government maintained the rise in prices of petroleum products, once again. According to the notification, the price of petrol has been increased by Rs 4 per liter, after which the new price of petrol has gone up to Rs 127.30.
New Diesel Price
The price of high-speed diesel has been increased by Rs 2 per liter, the price of diesel has gone up to Rs 122 4. On the other hand, the price of light diesel has been increased by Rs 8.82, after which the price has gone up to Rs 99.51.
New Kerosene Oil Price
In addition, the price of kerosene has been increased by Rs 7.2, after which the new price has gone up to Rs 99.31.
According to the details released by the Finance Division of the Government of Pakistan, OGRA tried to increase the prices after the increase in oil prices in the world market.
But the Prime Minister has decided to increase the minimum against the proposal. Petroleum prices in Pakistan are the lowest in the region.
New LPG Price
On the other hand, the government has dropped LPG bombs on the people affected by inflation and increased the price by Rs 29.10 per kg.
According to the notification issued by the Oil and Gas Regulatory Authority (OGRA), an 11.8 kg domestic cylinder of LPG has gone up by Rs 343. The new LPG prices will be applicable for October 2021. The new price has been fixed at Rs 203.69 per kg.
The OGRA notification further said that the price of LPG for September was fixed at Rs 174.58 per kg, the new price of the domestic cylinder has been fixed at Rs 2403 while the price of a domestic cylinder of LPG for September has been fixed at Rs 2060.15. Was fixed.
Last 15 days Prices
It may be recalled that 15 days ago, contrary to the summary sent to the Ministry of Finance by OGRA, the federal government had increased the prices of petroleum products. The price of petrol was increased by Rs 5 per liter. The price was 123 rupees 30 paise.
According to the notification issued by the Ministry of Finance, the price of high-speed diesel was increased by Rs 5.1 per liter and the new price of high-speed diesel was increased to Rs 120.04 per liter.
According to the notification, the price of light diesel oil has been increased by Rs 5.92 per liter. After which the new price of light diesel was 90 rupees 69 paise. The price of kerosene was increased by Rs 5.42 per liter and the new price of kerosene was Rs 92.26 per liter.
Last Three Months
It may be mentioned that the government has increased the price of petroleum products seven times in the last three months and since June 16, the price of petroleum products has gone up by Rs 21.86 per liter and the price of petrol has gone up to the highest level of Rs 127.30 per liter.
Earlier on August 31, the government had announced a reduction of up to Rs 1.5 per liter in the prices of petroleum products and a notification from the Finance Ministry said that the prices of petrol and diesel have been reduced by Rs 1.5 per liter while kerosene has been reduced. The price will also be reduced by Rs 1.5 per liter.
After the reduction in prices, the new price of petrol was fixed at Rs 118.30 per liter, high-speed diesel at Rs 115.03 per liter, kerosene at Rs 86.80 per liter, and light diesel oil at Rs 84.77 per liter.
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