ISLAMABAD – The fuel prices are likely to go up after Oil and GasRegulatory Authority (OGRA) has recommended a hike in fuel prices fromMarch 16, 2021.
According to the sources, OGRA recommends raising petrol prices from Rs6per litre while diesel and kerosene oil will go up by Rs4 per litre. It hassent a summary with higher prices to the division.
Yet the price hike needs the approval of Prime Minister Imran Khan beforethey come into effect. Following the directive of the premier, the Ministryof Finance will announce the prices of petroleum products.
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Earlier on Feb 28, the federal government has decided that the prices ofpetroleum products will remain the same for the first fortnight of March2021.
