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Pakistan Raises Domestic Fuel Prices in Line With Global Rates

March 1 (Bloomberg) -- Pakistan increased domestic prices of petroleum products after global crude rates rose.

The price of motor spirit was raised by 2.9 percent to 97.66 rupees ($1.07) a liter, the Islamabad-based Oil & Gas Regulatory Authority said in a statement late yesterday. The rate of kerosene oil was increased 4.8 percent to 96.40 rupees a liter, according to the statement.

To contact the reporter on this story: Haris Anwar in Dubai at hanwar2@bloomberg.net

To contact the editor responsible for this story: Naween Mangi at nmangi1@bloomberg.net

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