On the recommendation of the Oil and Gas Regulatory Authority (Ogra), the Finance Ministry increased the price of petrol by Rs5 per litre for November.
According to a statement issued by the Finance Ministry, the government partially passed on the increase to consumers to minimize the burden on the public at large.
After the increase, petrol will be sold at Rs 97.83 per litre. The price of high-speed diesel (HSD) has been raised by Rs6.37 per litre.
Based on the international prices, the Ogra had worked out an increase of Rs9.02 per litre in the price of petrol and for HSD it recommended an increase of Rs13.22 per litre.