The Ministry of Finance on Friday formally approved increase in petroleum and CNG prices for the month of September. The rates will be effective after 12 am tonight. The Oil and Gas Regulatory Authority (OGRA) is yet to issue a notification in this regard. Petrol price has been increased by Rs 7.77 per litre and high speed diesel by Rs 5.94. Similarly, kerosene oil price has been increased by Rs 5.86; light diesel oil by Rs 5.54 per litre and that of high octane blending component (HOBC) by Rs 8.18 per litre. The new price of petrol is Rs 104.55; High Speed Diesel Rs 112.13; HOBC Rs 133.19; Kerosene oil Rs 102.21 and Light Speed Diesel Rs 98.84 per litre.