According to Ministry of Finance, with an increase of Rs2.73 the retail price of petrol has now reached Rs104.50 per litre.Analysts say it will adversely impact the poor masses as transport, which are unable to get CNG because of gas shortage in the country will charge more in the wake of this mammoth raise.
The ministry also increased per litre prices of diesel, kerosene oil, and light diesel oil (LD) by Rs3, Rs4.99, and Rs3.95 respectively.
The new per litre price of diesel has jumped to Rs109.76 from a previous Rs106.76, kerosene oil Rs101.28 from Rs96.29, and petrol Rs104.50 from Rs101.77.
Ministry of Finance also said that Oil and Gas Regulatory Authority had suggested a raise of at least Rs4 in the price of diesel.
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