Islamabad : Petrol price has been jacked by Rs 7.45 per litre. Its new rates have been fixed at Rs 265.61. Diesel rates have been increased by Rs 9.56 per litre. Its new rates for next fortnight will be Rs 277.45 per litre. Light diesel Rs 9.88 . Kerosine oil prices have been increased by Rs 10.05 per litre. The Finance Division has issued a notification for the new petroleum product prices. The new petroleum product prices will remain effective from July 1 to 15.