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Federal Government increased prices of petroleum products

Federal Government increased prices of petroleum products

The government has on Monday (today) increased the prices of petroleumproductslinkbyRs 3.

The Oil and Gas Regulatory Authority (OGRA) has sent a summary of changesin prices of petroleum products to the Petroleum Division.

According to sources, the OGRA has recommended a Rs1.90 increase in perlitre price of petrol while a Rs3.25 increase in that of high-speed diesel.

After seeking approval from Prime Minister Imran Khan, the new price forpetrol after the rise will be Rs110.49 whereas, for diesel, the new pricewill be Rs114.11.

However, the new prices for petrol and high-speed diesel will be applicablefrom 12 a.m (tonight).

Earlier on April 30, Prime Minister Khan had rejected a summary sent by theOil and Gas Regulatory Authority (OGRA) for hiking the price of petroleumproducts.