Overview
- The proposed fortnightly changes would take effect from February 1 to 15, subject to final approval.
- The proposal raises high-speed diesel by Rs9.47 per litre, kerosene by Rs3.69, and light diesel by Rs6.95, while trimming petrol by Rs0.36.
- OGRA is expected to send its pricing summary to the Petroleum Division on January 30 for approval.
- The Petroleum Division plans to issue the formal notification on January 31 after consultations with the prime minister.
- Current official rates remain Rs253.17 for petrol and Rs257.08 for high-speed diesel, with officials citing inflation pressures and uncertainty in global oil markets.