Ogra notifies Rs3.53/litre increase in petrol price - See more at: http://w

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ISLAMABAD: The Oil & Gas Regulatory Authority has notified an upward revision in petroleum products prices, Geo News reported.

The new prices take effect from March 1, 2013(Thursday midnight).

According to the notification issued, the petrol has been made dearer by a mighty Rs3.53/litre bringing the new price of the commodity up at Rs106.60/litre.

The OGRA has also jacked up diesel by Rs4.35/litre, light diesel by Rs3.93/litre, and kerosene by Rs3.79, the sources added.

Henceforth, the diesel, light diesel, and kerosene oil will be retailed at Rs113.56, Rs98.26, and Rs103.69 per litre respectively.

Ogra notifies Rs3.53/litre increase in petrol price - geo.tv

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[Thorough Pro]

Is this news worth a thread ? Petroleum is the worlds most traded good and subject to volatile price fluctuations, and in Pakistan's case even if price remains constant just the diminishing exchange parioty between Dollar and Rupee causes the price to hike.