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Petroleum products likely to be increased, PM to give final approval today

WEB DESK: From February 1, prices of petroleum products are expected to increase further.

Decision for the increasing or reduction in the petroleum products will be taken today by Prime Minister Shahbaz Sharif.

Media report indicates, government may increase diesel prices by Rs 4.96 per liter and petrol prices by Rs 1.24 per liter starting February 1st.

Besides that light diesel prices are likely to uptick Rs 5. 93, Kerosine oil Rs 5 .

Prime Minister Shahbaz Sharif will give his final approval today, Friday.

This potential increase follows two price hikes for petroleum products that occurred in January.