Fuel prices

Petrol users will continue subsidising the diesel, Epra said, while kerosene will be subsidised through money from the Petroleum Development Levy Fund.

Epra said the average landed cost of imported super petrol decreased by 0.12 per cent, diesel by 4.71 per cent and kerosene by 5.1 per cent. “The price of diesel has been cross-subsidised with that of super petrol while a subsidy of Sh19.41 per litre has been maintained for kerosene in order to cushion consumers from the otherwise high prices. “In the period under review, the maximum allowed petroleum pump for super petrol, diesel and kerosene remain unchanged,” said Epra in a statement yesterday.

The Energy and Petroleum Regulatory Authority (EPRA) said on Monday the price of Super Petrol will remain at Sh177.30, Diesel at Sh162 while Kerosene retail at ...

It added that the government will utilise the Petroleum Development Levy to compensate oil marketing for the difference in cost. 194 of 2020. - It added that the government will utilise the Petroleum Development Levy to compensate oil marketing for the difference in cost.

In its latest fuel price review, the Energy and Petroleum Regulatory Authority (EPRA) maintained the price of petrol in Nairobi at Sh177.30 a litre while diesel ...

194 of 2020. The energy regulator maintained the fuel prices despite a slight decrease in the landing cost of the commodities. In Mombasa, a litre of petrol will retail at Sh174.98, diesel at Sh159.76 and kerosene at Sh143.69 while in Kisumu a litre of petrol will retail at Sh177.50, diesel at Sh162.70 and kerosene at Sh146.66. In its latest fuel price review, the Energy and Petroleum Regulatory Authority (EPRA) maintained the price of petrol in Nairobi at Sh177.30 a litre while diesel will continue to retail at Sh162. A litre of kerosene will continue to retail at Sh145.94 with the government maintaining a Sh19.41 subsidy per litre to cushion consumers from the otherwise high prices. NAIROBI, Kenya, Feb 14 — Fuel prices will remain unchanged for the month-long period lapsing March 14 affording Kenyans a slight relief amid the high cost of living.

Late last year many countries put caps on the import price of Russian oil, which was said to coincide with the return of fuel excise tax and a big increase in ...

The international fuel market was thrown into upheaval throughout the last few years with Covid-19, the invasion of Ukraine and other world events, which led to the dramatic shifts in price. However, the international demand was so low that the drop in fuel on the market made little difference. But the harsh temperatures that were expected never came, easing how much heating was needed and decreasing how much fuel was needed.

New Delhi: State-run fuel retailers Indian Oil Corporation, Bharat Petroleum Corporation and Hindustan Petroleum Corporation have stopped losing money on ...

The wholesale price index (WPI), however, eased to 4.73% in January compared to 4.95% in December. Although, average crude import price rose marginally in January 2023 to $80.92 per barrel, it largely remained favourable, the third person said. The latest data issued on Monday showed that retail inflation, based on the consumer price index (CPI), again went above the 6% upper tolerance band of the Reserve Bank of India to 6.52% in January due to rising cereal and milk prices , which is a matter of concern, a third person working in the government, said. They are not in a position to exercise their pricing freedom because inflation that came down in November [5.9%] and December [5.7%], again spiked in January. Consequently, petrol and diesel rates came down to ₹96.72 per litre and ₹89.62, respectively, in Delhi on May 22, 2022. State-run OMCs have not changed pump prices of petrol and diesel since April 6, 2022, when they were last raised to ₹105.41 per litre and ₹96.67 a litre respectively in Delhi. Despite fuel prices being deregulated, the government plays a significant role in deciding what they should be. Apart from that, the government gave a one-time grant of ₹22,000 crore to state-run oil marketing companies (OMCs) for their revenue losses on the sale of cooking gas in RE of FY23. In May 2022 the Central government steeply reduced excise duty on petrol and diesel for the second time ( the first reduction took place in November 2021; total central excise reduction was ₹13 a litre and ₹16 on the two fuels, respectively) to calm raising inflation. The three OMCs that incurred net losses in first two quarters, made some profit in the quarter ended December 31, 2022. Petrol and diesel are deregulated products and oil companies are free to adjust their retail prices accordingly. New Delhi: State-run fuel retailers Indian Oil Corporation, Bharat Petroleum Corporation and Hindustan Petroleum Corporation have stopped losing money on sales of petrol and diesel, but may not immediately revert to daily pricing of the two auto fuels because of economic and political compulsions, three people aware of the matter said.

Fuel prices have been unchanged for about nine months now. The last revision in the rate of fuel was done on May 22 last year when Finance Minister Nirmala ...

For example, send “RSP 102072” to 92249 92249 for petrol and diesel prices in Delhi. In Delhi, petrol is being sold at Rs 96.72 per litre and diesel is being retailed at Rs 89.62 per litre while in Mumbai, petrol is price at Rs 106.31 per litre and diesel at Rs 94.27 per litre. Petrol, Diesel Prices Today: February 15, 2023 - Check latest fuel rates in your city

Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Fuel prices continued to stagnate on Wednesday, 15 February 2023, ...

OMCs incurred a loss of Rs 21,200 crore on account of selling petrol and diesel below the cost price. In Mumbai, petrol is retailing at Rs 106.31 per litre, and diesel is selling at Rs 94.27 per litre. [Brent crude](https://www.financialexpress.com/about/brent-crude/) futures lost 20 cents to $85.38 per barrel by 0111 GMT, while U.S. A social security cess of Rs 2 per litre will be slapped on petrol and diesel. In Delhi, petrol is priced at Rs 96.72, while diesel in the National Capital is retailing at Rs 89.62 per litre. [Gold Price Today, 14 Feb: Gold higher despite selling pressure; traders eye US inflation data for further cues](https://www.financialexpress.com/market/commodities/gold-price-today-14-feb-gold-higher-despite-selling-pressure-traders-eye-us-inflation-data-for-further-cues/2980751/) [Gold Price Today, 13 Feb: Gold flat as traders eye US inflation data, US Treasury yields may rebound](https://www.financialexpress.com/market/commodities/gold-price-today-13-feb-gold-flat-as-traders-eye-us-inflation-data-us-treasury-yields-may-rebound/2979681/) [Petrol and Diesel Rate Today, 14 February: Fuel prices unchanged; Check rates in Delhi, Mumbai, other cities](https://www.financialexpress.com/market/commodities/petrol-and-diesel-rate-today-14-february-fuel-prices-unchanged-check-rates-in-delhi-mumbai-other-cities/2977731/) [Oil prices](https://www.financialexpress.com/about/oil-prices/) slipped in early Asian trade on Wednesday after falling by more than $1 a barrel in the previous session as industry data pointed to a much bigger-than-expected surge in U.S. Delhi: Petrol rate: Rs 96.72 per litre, Diesel rate: Rs 89.62 per litre Mumbai: Petrol rate: Rs 106.31 per litre, Diesel rate: Rs 94.27 per litre Noida: Petrol rate: Rs 96.79 per litre, Diesel rate: Rs 89.96 per litre The Punjab government decided to impose a cess of 90 paise per litre on petrol and diesel in a meeting of the state cabinet. Lucknow: Petrol rate: Rs 96.57 per litre, Diesel rate: Rs 89.76 per litre Bengaluru: Petrol rate: Rs 101.94 per litre, Diesel rate: Rs 87.89 per litre

Energy and Petroleum Regulatory Authority (Epra) retains fuel prices unchanged for the third month in a row in latest review.

[By SAM KIPLAGAT](/bd/economy/how-chase-bank-paid-chair-sh1bn-bonus-from-bond-proceeds--4124124) [By ELIZABETH KIVUVA](/bd/lifestyle/careers/rise-of-kenyan-women-cfos-4124080) Kenya's economy relies on diesel for transport, powering of farm machinery and fuel for electricity generation. [By EDWIN MUTAI](/bd/economy/us-issues-kenya-a-default-notice-for-sh57bn-kq-debt--4124086) [By DOMINIC OMONDI](/bd/economy/how-individuals-and-companies-avoid-paying-taxes-4124570) [inflation rate eased for the third consecutive month to 9.0 percent](https://www.businessdailyafrica.com/bd/economy/inflation-drops-for-the-third-straight-month-to-9pc-4106596) in January, from 9.1 percent posted in December, marginally easing the cost of living pressure on households.

(Bloomberg) -- The UK's inflation rate slowed for a third month but remained stubbornly in double digits five times above the Bank of England's targeted ...

In particular, the continued strength in more domestic measures of inflation will keep alarm bells ringing at the Bank of England.” Energy and passenger transport were given new weights in the ONS’s annual update of its shopping basket. Factory gate prices also continued to cool, rising 13.5% in the 12 months to January from 14.6% the previous month. Inflation has peaked across the developed world, but remains higher than average in the UK. Inflation in the services sector, which is closely watched by the BOE, slowed to 6% from 6.8%. A separate analysis by the ONS showed that inflation was hitting low-income households hardest. “The cost of furniture decreased by more than this time last year, in line with traditional New Year discounting,” ONS Chief Economist Grant Fitzner. Core inflation, excluding energy, food, alcohol and tobacco, fell to 5.8% in the 12 months to January 2023 from 6.3%. The decline in the latest month was largely due to falling petrol prices along with easing price pressures in restaurants and cafes. If further evidence emerges in next month’s labor market and CPI releases that domestically generated inflation has turned a corner, it could be enough for the central bank to keep rates on hold on March 23. That will matter more for the Bank of England’s next policy decision than the drop in the headline rate. “Falling inflation may not be enough to change the course of monetary policy,” said Yael Selfin, chief economist at KPMG UK.

Falling petrol and diesel prices contributed to the slight decline, the ONS said. But the cut in fuel costs was offset by a surge in the price of alcoholic ...

He added: 'The cost of furniture decreased by more than this time last year, in line with traditional New Year discounting. Falling petrol and diesel prices contributed to the slight decline, the ONS said. Air fare annual inflation soared to 44.1 per cent in December, but more than halved to 18.4 per cent in January, the figures show. The latest data also showed a decline in the CPI including housing costs (CPIH) measure of inflation recorded by the ONS, down to 8.8 per cent from 9.2 per cent in December. The rate of Consumer Prices Index inflation fell to 10.1 per cent in January from 10.5 per cent in December, the Office for National Statistics said. It raised interest rates from 3.5 per cent to 4 per cent in February and there has been speculation that may have been the last hike due to the lower inflation outlook. The Bank is forecasting inflation to fall to around 4 per cent towards the end of this year. The Retail Prices Index (RPI) remained unchanged at 13.4 per cent in January. But the cut in fuel costs was offset by a surge in the price of alcoholic drinks and cigarettes'. [inflation](/news/inflation/index.html) fell to 10.1 per cent in January from 10.5 per cent in December, the Office for National Statistics said. The ONS said food prices remained close to 45-year highs, at 16.7 per cent in January, only slightly lower than the 16.8 per cent hit in December. Consumer inflation falls slightly to 10.1 per cent driven by a fall in fuel prices but decline is limited by an increase in the cost of booze

In this file photo taken on June 7, 2022 the price of Diesel and Unleaded Petrol fuels are displayed on a sign outside a Shell petrol station in Newcastle under ...

The Bank of England expects annual inflation to fall to around 4% toward the end of the year. Food inflation stood at 16.7%, broadly unchanged from the 16.8% on-year increase registered in December. U.K.

U.S. inflation held at lofty levels but the pace of consumer cost increases edged lower in January, in part due to soft natural gas prices, extending a.

[Oil](https://www.naturalgasintel.com/topics/oil/) [Markets](https://www.naturalgasintel.com/topics/markets/) On Tuesday, President Biden’s administration said it planned to sell more oil from the U.S. natural gas and the global LNG markets. West Texas Intermediate crude, the U.S. Crude prices, meanwhile, are holding strong early this year, contributing to the continued high inflation. NGI’s special report “Reshuffling the Deck: High Stakes for Natural Gas & The World is All-In” offers trusted insight and data-backed forecasts on U.S. exports and add upward price pressure as well. Services costs include electricity and gas services provided by utilities. The Fed since last spring has aggressively boosted interest rates to tamp down borrowing and spending, and this has helped ease inflationary pressures. Click here to request a free trial keyboard_arrow_right](https://www.naturalgasintel.com/dgpi-trial/?v=DG%20Article%20TopBtn) [Natural Gas Prices](https://www.naturalgasintel.com/topics/natural-gas-prices/) [NGI All News Access](/news/all-news-access/)

In abidance with IMF conditions, the government is already getting a Rs 50 percent levy on petrol prices. It will also affect the dollar price and it may hike ...

The current value of the dollar is around Rs 268. This is International Monetary Fund’s (IMFs) condition to increase the levy on petroleum products to Rs 50. As per details, the current levy on diesel is Rs 40 and the government is eyeing to increase the levy to Rs 50.

The government is likely to jack up the fuel price in order to meet IMF's condition to increase the levy on petroleum products.

Furthermore, the government has increased FED on expensive brands from Rs 6.5 per cigarette to Rs 16.5 with an increase of 153 %. According to the notification issued by FBR, the standard rate of General Sales Tax (GST) has been increased from 17 to 18% with effect from February 15, 2023. This was one of the conditions of the International Monetary Fund (IMFs) to release the $ 7 billion bailout.

Govt may jack up petrol price to Rs281.87 per litre, diesel to Rs295.64.

The HSD is widely used in transport and agriculture sectors. They said that ex-refinery price of petrol is calculated to go up by 21.4 per cent from Rs177.40 per litre to Rs 215 per litre, HSD price from Rs221.36 per litre to Rs240 per litre (up 8.8 per cent), kerosene oil from Rs182.13 per litre to Rs210.18 per litre (up 15.4 per cent) and ex-refinery price of LDO is also estimated to go up from Rs153.99 per litre to Rs163.89 per litre (up 6.4 per cent). However, the sources said that if the estimated said hike is approved, the new price of petrol will stand at Rs281.87 per litre, HSD Rs295.64 per litre, kerosene oil Rs217.88 per litre and LDO Rs196.90 per litre during the second half of Feb 2023. According to sources, the ex-depot per litre price of petrol is calculated to go up by Rs32.07 (12 per cent), high speed diesel (HSD) might witness a rise of Rs32.84 per litre (12.5 per cent), kerosene oil is estimated to be hiked by Rs28.05 per litre and light diesel oil (LDO) might see a hike of Rs9.90 per litre. At present, petrol is available at Rs249.80 per litre, HSD at Rs295 per litre, kerosene oil at Rs189.83 per litre and LDO Rs187 per litre. The estimated dollar/rupee adjustment applies Rs15 per litre for both products (petrol and HSD) while it is assumed that the petroleum levy (PL) on HSD will rise to Rs50 per litre, they added.

ISLAMABAD: Prices of petroleum, oil and lubricants could surge by over Rs32/liter from tomorrow mainly on account of the US dollar exchange rate that now ...

The petroleum levy for diesel that stands at Rs40 could increase by Rs10 to Rs50 from February 16. Similarly, the price of diesel could rise 12.5 percent or by Rs32.84 to stand at Rs295.64 from Rs262.8/litre previously. Though free on board Platt prices have fallen considerably as compared to last fortnight’s pricing. The last increase in prices of petroleum products was made in the review on January 29, 2021 by the federal government. Kerosene oil price was forecasted to increase 14.8 percent or by Rs28.05 to stand at Rs217.88/litre, while light diesel oil (LDO) could go up 5.3 percent or by Rs9.90 to stand at Rs196.90 from Rs187/litre set in the last review. [hoarders](https://www.thenews.com.pk/latest/1038728-petrol-hoarders-to-face-dire-consequences-musadik-malik) were holding onto petrol stocks in anticipation of a price hike scheduled on February 15 (today). The above prices have been assumed based on the current government taxes and estimated Pakistan State Oil (PSO) incidentals. The government had carried out a massive increase of Rs35/litre from February 1, 2023, till February 15. The government might adjust the exchange rate at over Rs251 with an increase of Rs15/litre for both products of Mogas and diesel. [Mogas](https://www.thenews.com.pk/print/1006833-pakistan-uae-agree-to-enter-into-gtg-deal-to-import-mogas-jet-fuel-crude-oil) price would likely go up 12.8 percent/litre or by Rs32.07 to stand at Rs281.87 from Rs249.8/litre. ISLAMABAD: Prices of petroleum, oil and lubricants could surge by over Rs32/liter from tomorrow (February 16) mainly on account of the Petroleum, oil and lubricants prices were closed at US dollar/Rs236.40 which stands at at 271.82 for the next fortnight.

Q24N (EFE) The Government of Panama reported on Tuesday that it extended until next April 1 the fuel subsidy in force since last July 18, for which the ...

The official information released this Tuesday does not specify the cost of the extension until next April 1 of the fuel subsidy. Q24N (EFE) The Government of Panama reported on Tuesday that it extended until next April 1 the fuel subsidy in force since last July 18, for which the (U.S.) gallon of 91 and 95 octane gasoline and diesel sells for $3.25. Last October, the Panamanian Government approved a state contribution of up to US$320 million dollars to sustain the fuel subsidy until January 15, 2023.

Petrol and diesel prices in Pakistan have been on the rise for a while, in the wake of a sharp decline in its currency and the rising cost of oil imports.

The government had earlier increased the price of petrol and diesel by PKR 35 per litre from the period of February 1 to February 15. It has been reported that citizens of the cash-strapped nation are currently buying milk at PKR 210 per litre, while a kg of chicken costs Rs 700-800. Official and industrial sources quoted in reports indicate that petrol prices would likely go up by 12.8 per cent or by PKR 32.07. This could force the government to hike petrol and diesel prices again. Local media reports indicate that petrol and diesel prices are likely to increase by Rs 32 per litre from February 16. Petrol and diesel prices in Pakistan have been on the rise for a while, in the wake of a sharp decline in its currency and the rising cost of oil imports.

BOE Governor Andrew Bailey hopes inflation will fall sharply this year.

Inflation in the services sector, which is closely watched by the BOE, slowed to 6 per cent from 6.8 per cent. Core inflation, excluding energy, food, alcohol and tobacco, fell to 5.3 per cent in the 12 months to January 2023 from 5.8 per cent. “The cost of furniture decreased by more than this time last year, in line with traditional New Year discounting,” ONS Chief Economist Grant Fitzner said. The decline in the latest month was largely due to falling petrol prices along with easing price pressures in restaurants and cafes. “Falling inflation may not be enough to change the course of monetary policy,” said Yael Selfin, chief economist at KPMG UK. BOE Governor Andrew Bailey hopes that inflation will fall sharply this year as energy prices ease and the economy tips into recession.

Live, rolling coverage of business, economics and financial markets as transport and motor fuel prices contribute to decline in inflation.

It follows a near 15% drop in pre-tax profits to £7bn for the whole of 2022. In particular, the continued strength in more domestic measures of inflation will keep alarm bells ringing at the Bank of England. We need a reset at the budget – a plan to get wages rising across the economy, and funding for public sector pay. Shares are down by 8.5% in the first hour of trading on Monday morning. About a third of the fuel set is also due to be replaced during this time. Turkey’s lira hit a new record low of 18.9010 to the dollar on Wednesday, before regaining some of its losses. Moody’s said the outlook was negative as Morrisons’ debt to profits ratio put it close to a further downgrade. That’s £26,000 higher than 12 months earlier, but slightly below the record high of £296,000 recorded in November. The movements of the world’s most powerful central bank are being watched particularly closely, given how close many major economies are to recession. Higher relative interest rates in the US push up the value of its currency. However, those denials, including a detailed attempt at a rebuttal of the allegations, have not stopped a share price slide amid severe scrutiny. That would usually be seen as a good thing for US companies, but in this case it is likely to make Federal Reserve policymakers think further rate hikes are needed to prevent inflation building further.

Hours after unleashing a tax-loaded mini-budget, Pakistan on Wednesday night hiked up the prices of petrol and gas to a historic high in a bid to appease ...

Kerosene oil will now be available at 202.73 rupees per litre following a 12.90 rupees hike. Meanwhile, light diesel oil will be available at 196.68 rupees per litre after an increase of 9.68 rupees. The price of high-speed diesel has been increased to 280 rupees per litre after a hike of 17.20 rupees.

Fuel prices have remained relatively low across the West Midlands recently despite warnings the cost of petrol and diesel could creep back up again.

- Tesco Extra Yardley, 143.9p - Tesco Extra Solihull, 143.9p - Gulf A4103, 147.7p - Tesco Spring Hill, 143.9p Mr Williams continued: "Eyes will also be on the Chancellor next month when he delivers his spring Budget, so we hope he refrains from pouring fuel on the inflationary fire by hiking duty. - Esso Fox Hollies Road, 143.9p - Morrisons Willenhall, 142.7p - Gulf Vauxhall Road, 142.7p As always, drivers’ fate at the pumps very much depends on what happens with the price of oil. [The Express reports](https://www.express.co.uk/life-style/cars/1730258/petrol-diesel-prices-rise-warning-fuel-costs) that RAC fuel spokesman Simon Williams said there was more cause "for concern than celebration" when it comes to petrol prices. - Gulf Watery Lane, 142.7p Earlier this month, the RAC said January saw

The consumer prices index, which is the main measure of inflation, is thought to have peaked at a 41-year high of 11.1 per cent last October, before falling to ...

Economists polled by Reuters had predicted that the index would fall to 10.3 per cent in January. It is the latest sign that the pace of price rises across the economy is slowing down — but the figures do not offer much respite to households facing a record squeeze in living standards. Inflation fall driven by fuel prices

ISLAMABAD: Hours after presenting the mini-budget in the parliament, Finance Minister Ishaq Dar approved a massive increase in fuel prices on Wednesday, ...

For commercial gas consumers, prices have been raised by 28.6pc to Rs1,650 per unit from Rs1,283. And around the same time, new gas prices were also notified, including an increase of up to 124 per cent for some consumers. The per-unit gas price has been increased by 34pc to Rs1,100 for the export sector, by 31pc to Rs1,800 for the CNG sector, by 46pc to Rs1,500 for the fertiliser sector, and by 17.5pc to Rs1,500 for the cement sector. Similarly, the per-unit gas rate has been increased by 32pc to Rs730 on monthly consumption of up to 200 cubic metres, by 69pc to Rs1,250 on the next slab of up to 300 cubic metres, by 99pc to Rs2,200 on 400 cubic metres, and by 124pc to Rs3,277 for households that will use more than 400 cubic metres of gas per month. According to an Ogra notification, the LPG price has now been fixed at Rs266 per kg, taking the price of a domestic cylinder to Rs3,142 after an increase of Rs27, and that of a commercial cylinder to Rs12,086 after a hike of Rs102. Meanwhile, the Oil and Gas Regulatory Authority (Ogra) has increased the price of liquefied petroleum gas (LPG) by Rs2 per kilogram up to the end of February.

The increase in fuel prices will inflict more pain on the already-burdened citizens of the South Asian nation that is facing its worst economic crisis in ...

However, this will trigger a further spike in inflation in the nation where even basic commodities are now retailing at extremely high prices. The government has proposed to hike goods and services tax to 18 per cent – a move aimed at raising PKR 170 billion in revenue to tackle the ongoing economic crisis. [By India Today Web Desk](/author/india-today-web-desk): Citizens in Pakistan will pay PKR 272 per litre for petrol, while an equal quantity of diesel will cost PKR 280 after a fresh hike in fuel prices.

ISLAMABAD: Hours after presenting the mini-budget in the parliament, Finance Minister Ishaq Dar approved a massive increase in fuel prices on Wednesday, ...

For commercial gas consumers, prices have been raised by 28.6pc to Rs1,650 per unit from Rs1,283. And around the same time, new gas prices were also notified, including an increase of up to 124 per cent for some consumers. The per-unit gas price has been increased by 34pc to Rs1,100 for the export sector, by 31pc to Rs1,800 for the CNG sector, by 46pc to Rs1,500 for the fertiliser sector, and by 17.5pc to Rs1,500 for the cement sector. Similarly, the per-unit gas rate has been increased by 32pc to Rs730 on monthly consumption of up to 200 cubic metres, by 69pc to Rs1,250 on the next slab of up to 300 cubic metres, by 99pc to Rs2,200 on 400 cubic metres, and by 124pc to Rs3,277 for households that will use more than 400 cubic metres of gas per month. According to an Ogra notification, the LPG price has now been fixed at Rs266 per kg, taking the price of a domestic cylinder to Rs3,142 after an increase of Rs27, and that of a commercial cylinder to Rs12,086 after a hike of Rs102. Meanwhile, the Oil and Gas Regulatory Authority (Ogra) has increased the price of liquefied petroleum gas (LPG) by Rs2 per kilogram up to the end of February.

According to the finance ministry, the government had also increased the price of kerosene oil by Rs12.90 per litre and light diesel oil LDO Rs9.68 per litre.

According to the notification, LPG price has been fixed at Rs266 per kg after witnessing a hike of Rs2 per kg while the price of domestic cylinder has increased by Rs27 and commercial cylinder by Rs102 for the second half of February. Light Diesel Oil (LDO), which is mainly used in the industrial sector, will now be sold at Rs196.68 per litre against its earlier price of Rs187 per litre, witnessing a hike of Rs9.68 per litre. The hike in the price of diesel will result in an increase in the transportation fares, ultimately leading to rise in the prices of goods across the country. The price of HSD, which is widely used in transport and agriculture sectors, also shot to Rs280 per litre, compared to its earlier price of Rs262.80 per litre, with an increase of Rs17.20 per litre. After the surge, the price of petrol has gone up to Rs272 per litre against its earlier price of Rs249.80 per litre, registering a hike of Rs22.60 per liter. According to the finance ministry, the government had also increased the price of kerosene oil by Rs12.90 per litre and light diesel oil LDO Rs9.68 per litre.