ISLAMABAD: The government on Wednesday announced an increase of Rs5 in the price of petrol from Thursday (today) in line with fluctuation in global oil prices and the local currency, according to a statement issued by the finance ministry.

According to the notification the per-litre price of petrol goes up by Rs5, high speed diesel by Rs5.01, kerosene oil by Rs5.46 and light diesel by R 5.92.

The new prices will be effective from September 16 (today) till September 30.

Earlier, the Oil and Gas Regulatory Authority (OGRA) had recommended a Rs1 per litre increase in the price of petrol. In a summary to Petroleum Division, Ogra had recommended Rs10.5 per litre hike in price of high speed diesel and Rs5.5 for both kerosene oil and light diesil.