Friday, May 24, 2024

Interim Govt. Hikes Petrol by Rs 13.55/Litre, Diesel by Rs 2.75/Litre

The interim government has announced a significant increase in petrol prices, effective from February 1, 2024, with petrol witnessing a surge of Rs 13.55 per liter, reaching Rs 272.89 per liter. This adjustment also reflects in diesel prices, which have risen by Rs 2.75 per liter, now standing at Rs 278.96 per liter. Conversely, the price of kerosene has seen a marginal decrease of 24 paisa per liter.

Furthermore, the price of light diesel oil has been revised to Rs 166.86 per liter after a hike of Rs 2.3 per liter.

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In addition to these adjustments, the Oil and Gas Regulatory Authority (OGRA) had previously announced an increase in LPG prices. According to the latest notification from OGRA, the price of LPG per kilogram has surged by Rs 17, reaching Rs 257.60 per kilogram. Consequently, the new price for a domestic LPG cylinder will be Rs 3,400 for the month of February 2024.

These approved price revisions come amidst fluctuating global oil prices and economic considerations. Consumers and businesses are bracing for the impact of these increases, expected to affect transportation costs and daily expenses.


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Zain is a dynamic business student with a passion for technology that goes beyond the classroom. When he's not immersed in his studies, Zain can be found playing with the latest gadgets, fueled by a genuine curiosity for emerging tech trends. His love for technology extends to his avid reading habits, where he stays updated on the latest advancements and breakthroughs in the tech world. Despite his academic focus, Zain is also an outdoor enthusiast, always ready for an adventure. With several years of experience in writing news, Zain brings a unique blend of business acumen, tech-savviness, and journalistic expertise to any discussion or project.

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