ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has sent a summaryto the Power Division suggesting and recommend increasing the prices ofvarious petroleum products from August 1.

As per the summary sent by OGRA, it recommended an increase of Rs2.75 perlitre in petrol prices, Rs3 per litre for diesel, and Rs4 per litre forkerosene oil, sources familiar with the matter said.

However, the caretaker government may leave the decision for a revision inpetroleum prices to the incoming government.

Earlier on July 1, the interim government had hiked the price of petrol byRs7.54 to Rs99.50 per litre, diesel by Rs14 to Rs119.3 per litre andkerosene oil by Rs3.36 to Rs87.7 per litre. It had also raised rates ofother petroleum products.