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Prices of all the petroleum products except high speed diesel are expected to increase from July 1, 2015. According to official sources, petrol price is going to increase by Rs 3.06 per liter whereas the price of high octane is expected to increase by Rs 4.31 per liter. Kerosene price is going to increase by Re. 1 and that of light diesel by Rs 1.11 per liter.
However, high speed diesel price is expected to decrease by Rs 2.21 per liter. Oil and Gas Regulatory Authority (OGRA) is going to send the summary of new prices to the Ministry of Petroleum and the Finance Ministry would subsequently give a final approval to the new prices.

Copyright News Network International, 2015

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