Pakistan, Oct. 30 -- Petroleum product prices are expected to rise from November 1, with an anticipated increase of up to Rs2.43 per litre, ARY News reported, citing industry sources. The Oil and Gas Regulatory Authority (OGRA) has prepared its initial fortnightly pricing summary for petroleum products.

According to sources, petrol prices may increase by Rs1.48 per litre, while high-speed diesel (HSD) could see a rise of Rs1.34 per litre. Kerosene oil prices are projected to go up by Rs2.43 per litre and light diesel oil by 49 paisa per litre. The proposal will be forwarded to the Petroleum Division on October 31, which, after consulting the Finance Ministry, will send it to the Prime Minister for approval. The final notification of revi...