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Petrol prices to go up by over Rs 3 from May 1st

ISLAMABAD: The government has decided to increase the prices of high-speed diesel (HSD) and petrol by more than Rs 5 and Rs 3 per litre respectively for the next month following hike in global oil prices, effective from May 1st. International market rates are expected to see a rise in oil prices. Local markets expected to up the petrol and diesel prices by five percent. OGRA has forwarded a summary of the recommended hike in the prices to the petroleum ministry for approval. According to reports, petrol prices will see…