ISLAMABAD – Price of petroleum is expected to rise by Rs. 10 per liter from the 1st of June 2015.
With the oil prices increasing in the international market, Petroleum price in Pakistan are also likely to climb up by 10 rupees per liter, from 1st June.
According to statistics, prices of petrol, diesel, kerosene oil, high octane, will rise by Rs 5.80, 6.20, 7, and 10 per liter respectively from June 1, 2015.
The Oil and Gas Regulatory Authority (OGRA) has prepared a summary in this regard and will submit the summary of price changes to Ministry of Petroleum at the end of this month.
However, the final approval will be given by Prime Minister Nawaz Sharif after consultancy with Finance Ministry.
The new prices will be implemented after approval from Petroleum Ministry from 1st June 2015.
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