Massive increase in prices of petroleum products challenged in LHC

LAHORE: The fresh massive increase in the petroleum products prices by the government has been challenged in the Lahore High Court (LHC) on Saturday.

The petition, filed by Advocate Munir Ahmed, states that federal government increased prices of petroleum products without approval of federal cabinet. The petitioner pleaded with the court to issue stay order on the hike.

Earlier on June 26, government decided to revise the existing prices of petroleum products in view of the rising oil prices trend in the global market.

The price of petrol was increased by Rs25.58 to Rs100.10 per litre, while price of High Speed Diesel (HSD) increased by Rs21.13 to Rs101.46 per litre.

On the other hand, the price of Light Diesel Oil (LDO) increased by Rs17.84 to Rs55.98 per litre and the price of Superior Kerosene Oil (SKO), has been increased by Rs23.50 to Rs59.06 per litre.

Read more: Govt approves massive hike in POL prices; people, opposition condemned huge…

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