POL prices likely to be decrease

ISLAMABAD (92 News) – The Oil and Gas Regulatory Authority (OGRA) has on Friday forwarded a summary to the government recommending a reduction of Rs11 in the prices of petroleum products. The new prices will be applicable from February 1.

According to the summary, OGRA suggested a decrease of Rs7.56 in petrol, Rs11 reduction in high speed diesel and high octane, while Rs8.17 in kerosene oil from February 1.

The finance ministry will take final decision on the suggestion of OGRA and the decision will announced on January 31.