ISLAMABAD,  (DNA) – Prime Minister (PM) Shahid Khaqan Abbasi has approved Rs 4.06 per litre hike in petrol price on Sunday on recommendation of Oil and Gas Regulatory Authority (OGRA).

Revised price of the petroleum product stands at Rs 81.53/litre and that of high-speed diesel stands at Rs 89.91/litre with an increase of Rs 3.96.

Financial advisor Miftah Ismail told that light-speed diesel price now is stagnated at Rs 58.37/litre with a hike of Rs 6.25 per litre. Kerosene oil price has been revised with an increase of Rs 6.74/litre taking it to Rs 64.32/litre.

The financial advisor cited hike in prices in the international markets for upward revision here in Pakistan.