ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) has raised the prices of petroleum products by 9.9 percent, to be applicable from Monday midnight (March 1, 2011), Geo News reported

According to OGRA spokesman Jawad Nasim, petrol price has been hiked by Rs7.23 per litre to Rs80.19; High Speed Diesel by Rs7.76 to Rs86.09 per litre; Light Speed Deisel made expensive by Rs.6.60; HOBC Rs8.58 to Rs95.25; and Kerosene Oil Rs7 to Rs77.95 per litre.

The government had kept the price of petroleum products unchanged for the past two months as a result of pressure from all the mainstream political parties.