Govt hikes kerosene by Rs40 per litre, keeps petrol and diesel prices unchanged

The government has increased the price of kerosene oil by another Rs40 per litre and approved Rs23 billion price differential subsidy for payments to oil marketing companies (OMCs) to keep the prices of two other oil products — petrol and high-speed diesel (HSD) — unchanged for the week ending March 20. Otherwise, the petrol and HSD prices should have gone up by more than Rs49 and Rs75 per litre with effect from March 14. With fresh price notification, Kerosene, commonly described as poor ...

By none@none.com (Khaleeq Kiani)