According to two independent notifications published on Tuesday night, petrol and diesel prices will remain unchanged for the next two weeks of November, but kerosene oil, light diesel oil, and liquefied petroleum gas (LPG) would cost less.
Finance Ministry Notification on Petrol and Diesel Prices
According to a finance ministry notification, the caretaker government decided that the existing fuel and high speed diesel rates of Rs. 283.38 and Rs. 303.18, respectively, would remain unaltered for the period November 1-15.
It went on to say that kerosene and light diesel oil prices have been decreased by Rs. 3.82 and Rs. 3.40 per liter, respectively.
As a result, kerosene oil will now cost Rs. 211.03 per litre, while light diesel oil will cost Rs. 189.46.
OGRA Reduced LPG Price
Separately, the Oil and Gas Regulatory Authority (Ogra) reduced the price of LPG by Rs. 9.95 per kilogram for the month of November, stating that the price of a home use LPG cylinder would be reduced by Rs. 117 and the price of a commercial-use cylinder would be reduced by Rs. 452.
According to the notification, the maximum producer price with GST was fixed at Rs. 2,474.83 per 11.8 kilogram cylinder, while the maximum LPG consumer price was set at Rs. 2,962.17/11.8 kilogram cylinder.
LPG will now cost Rs. 251 per kilogram rather than Rs. 261 per kilogram.
This means that home cylinders will cost Rs. 2,962 instead of Rs. 3,080, and commercial cylinders would cost Rs. 11,397 instead of Rs. 11,849.
To read our blog on “Petrol and diesel prices likely see a drop of Rs.18/liter,” click here.