The government on Saturday increased the price of petrol by Rs10.49 per litre taking it to a record level of Rs137.79 per litre.
Prices of high-speed diesel (HSD), was increased by Rs12.44 and will now sell at Rs134.48.
Kerosene oil price has touched Rs110.26 after an increase of Rs10.95.
It may be recalled that OGRA had proposed an increase in the price of petrol by Rs 5.90 per litre.
‘Fuel prices rising globally’
He said the government would announce targeted subsidies to provide relief to people and in addition to fuel, prices of other commodities were on the rise as well. He added that he had no idea what was causing this increase.