The prices of all petroleum products were estimated to increase by Rs4.50 to Rs7 per litre on Saturday for the next fortnight ending March 15, owing to a slight upward trend in the international market.
Official sources said the benchmark crude prices had slightly moved up this week in view of regional tensions. Therefore, the price of all products, including petrol, high speed diesel (HSD), kerosene and light diesel oil (LDO) were inching up and set to significantly impact the pricing pattern on February 28 for the following fortnight.
Based on existing tax rates, the sources said the ex-depot prices of petrol, HSD, LDO and kerosene had been estimated to go up by about Rs4.50 per litre, Rs4.70, Rs7, and Rs5 per litre, respectively, depending on final calculations on Saturday.
