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ISLAMABAD:
The federal government on Saturday raised the costs of high-speed diesel (HSD) by Rs11.30 per litre whereas protecting the petrol worth unchanged according to fluctuations in international oil costs, efficient from February 1 (right now).
In accordance with a notification, the federal government has maintained the costs of petrol. The federal government revised the costs following suggestions of the Oil and Fuel Regulatory Authority (OGRA), the assertion stated.
Below the revised costs, high-speed diesel will probably be bought at Rs268.38 per litre, towards the earlier fee of Rs257.08 per litre that was efficient from January 16, 2026.
In distinction, the worth of motor spirit, generally generally known as petrol, has been maintained on the present worth of Rs253.17 per litre. Petrol was priced at Rs253.17 per litre throughout the earlier fortnight and can proceed on the similar stage.
Excessive-speed diesel is extensively utilized in transport, agriculture and trade, whereas motor spirit is primarily consumed by personal autos and bikes. Due to this fact, the rise within the worth of high-speed diesel will have an effect on the lifetime of the frequent man.
Nonetheless, customers of petrol in motorbikes and vehicles will proceed having fun with the present fee.
On January 15, the federal authorities had saved the costs of petroleum merchandise unchanged.
The unchanged costs had been because of the improve in petroleum levy on petrol by Rs4.62 per litre and Re0.80 on high-speed diesel. Collectively, the petroleum and carbon levies now whole Rs87 on petrol and Rs79 on diesel.
In accordance with reviews, the federal authorities collected Rs828 billion in petroleum levy towards the budgeted Rs1.4 trillion within the first six months (July-December) of the present fiscal yr. The estimate of Rs1.47 trillion PL is up from Rs1.16 trillion budgeted within the earlier fiscal yr.
The OGRA has additionally introduced a rise in liquefied petroleum gasoline (LPG) costs by Rs6.37 per kg in a discover issued on Saturday.
The authority said that LPG costs have been elevated by Rs6.37 per kilogram, impacting each home 11.8-kg cylinders and industrial customers who rely closely on the gas for cooking and heating functions, as varied components of the nation are dealing with system gasoline shortages.
Following the revision, the worth of an 11.8-kg family LPG cylinder has risen by Rs75.21, setting the brand new retail fee at Rs2,667.40 for February, which was Rs2,592.19 within the earlier month.
The OGRA notification stated that the up to date per-kilogram worth now stands at Rs266.05, whereas warning distributors and retailers towards charging charges increased than the formally notified costs.
The regulator stated strict motion could be taken towards these violating worth laws after receiving complaints about overcharging in a number of markets.
The LPG producer worth is linked with Saudi Aramco-CP and the US greenback change fee. As in comparison with the earlier month, Saudi Aramco-CP has elevated by 3.30 per cent, whereas the common greenback change fee has decreased by 0.14 per cent.
