Petrol prices hiked by Rs171 per litr

ISLAMABAD: The government has increased petroleum product prices with effective from midnight today Tuesday.Federal Finance Minister Ishaq Dar said the price of petrol has been increased by Rs1.71 and diesel by Rs1.52.With the latest hike, petrol and diesel prices stand at Rs73 and Rs82 per litre respectively.The prices of Kerosene oil and light diesel oil have been increased by Rs 0.75 and Rs 0.66 per litre respectively.The announcement comes a day after Oil and Gas regulatory authority (OGRA) submitted a proposal to the Ministry of Petroleum and Natural Resources asking for an increase in the prices of petroleum products.