ISLAMABAD - Just before the start of the holy month of Ramazan, the government increased oil prices by up to Rs5.34 per litre, to be effective from today (Monday). The new per litre price of petrol is Rs84.80 per litre with an increase of Rs1.09, HOBC Rs 107.80 with an increase of Rs5.34, kerosene oil Rs86.62 with an increase of Rs1.97 and LDO Rs83.52 with an increase of Rs2.13. However, no increase has been made in HSD the price of which had witnessed decrease of Rs0.37 per litre in the international market. The government adjusted it in Petroleum Levy and decided to maintain existing price of Rs92.10 per litre. Addressing a press conference, Ogra spokesman Syed Jwad Naseem said that price of HSD had decline by 37 paisa per litre which government had adjusted in Petroleum Levy (PL). He said that Ogra was just facilitator in de-regulated mechanism of oil prices and Petroleum and Finance Ministries had powers whether to pass on impact of change in oil prices to the consumers or not. It is governments decision to increase oil prices and not Ogras, he added. He said that due to gas load shedding of CNG stations, the consumption of petrol had increased to 250,000 tonnes in July 2011 compared to 187,713 tonnes in corresponding month in 2010. Due to increase in oil prices and rate of General Sales Tax (GST), petrol price has increased by 1 percent, HOBC 5 per cent, kerosene oil 2.3 percent and LDO 2.6 percent. He said that federal government has already deregulated the prices of petroleum products of MS, HOBC, LDO, JP-1, JP-4 and JP-8, effective from June 1, 2011, and refineries and Oil Marketing Companies (OMCs) are allowed to fix and announce their ex-refinery price and ex-depot prices of these products on monthly basis, keeping in view import parity price. However, Ogra is still regulating freight component.