Announcement of Change in Petroleum Product Prices, Notification Issued
ISLAMABAD (Qudrat Daily) — OGRA has announced a change in the prices of petroleum products. According to the notification issued by the Petroleum Division, there has been no increase or decrease in the price of petrol, and its price has been maintained, while diesel has been made more expensive by Rs 1.64 per litre.
The price of petrol has been maintained at Rs 377.71, and the price of high-speed diesel has been fixed at Rs 393.66.
The new prices will take effect from 12 midnight tonight.
According to another report, crude oil prices in the global market remain near a five-month high, while the continuation of Houthi attacks on Saudi Arabia and fears of disruption to global energy supply have supported the prices. According to a foreign news agency, at the start of Asian trading hours on Friday, the price of global benchmark Brent crude remained at $112.96 per barrel after a 0.2 percent decline.
Meanwhile, the price of US crude West Texas Intermediate (WTI) fell 0.3 percent to $98.12 per barrel. Despite the slight decline, oil prices remain at a high level.
