OGRA proposes Rs8-10 per litre decrease in POL products

ISLAMABAD (92 News) – The Oil and Gas Regulatory Authority (OGRA) proposed an Rs8-10 per litre decrease in the petroleum products.

According to sources, a summary has been prepared regarding the prices of petroleum products. The new prices for next 15 days will be announced tomorrow.

The OGRA has prepared three proposals regarding the prices of the petroleum products.

According to sources, the petroleum products have reduced by 10 percent to US$74 per barrel. The government had purchased oil at US$68-74 per litre.

Owing to an increase in the levy, the POL products prices are likely to be increased by Rs4 per litre.