Reduction in petrol prices, hike in diesel prices proposed by OGRA

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Reduction in petrol prices, hike in diesel prices proposed by OGRA

ISLAMABAD – The Oil and Gas Regulatory Authority (OGRA) has on Friday proposed to reduce petrol price by Rs0.77, and the summary has been forwarded to the petroleum division.

However, the OGRA has recommended surging the prices of other petroleum products. According to details, the prices are likely to hike by Rs2.30 and the new rates will be implemented from July 1.

It has been suggested to surge the price of high speed diesel by Rs2.30 and light diesel by Rs0.26. Furthermore, the rate of kerosene oil has been recommended to reduce by Rs2.94.