ISLAMABAD – Oil and Gas Regulatory Authority (OGRA) is expected to proposea reduction of Rs6 per litre in petrol price, GNN has learned.
As per details garnered, the decision has been taken amid plummeting oilprices in the international market.
Oil price in international market has fallen by massive $16 per barrel andis hovering around $55 per barrel. As per these prices, petrol price shouldbe reduced by as many as Rs19 per litre. However, OGRA is expected toannounce only a reduction of Rs6 per litre.
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Likewise, price of the diesel is expected to be reduced b Rs8 per litre.
