ISLAMABAD: Petroleum prices may be subject to price hike once again with an increase of approximately Rs9.5 per litre, effective from November 1. Earlier this month, the petroleum prices were increased by Rs10.49 per litre.
Sources from OGRA attribute the hike in oil prices in international market to the increase in petroleum prices in Pakistan.
According to sources, the price of petrol will increase by Rs.8, kerosene oil by Rs.7, high-speed diesel by Rs.9.5, and light diesel by Rs.6.5 per litre.