OGRA okays Rs5.14 increase in oil prices



Observer Report

The Oil and Gas Regulatory Authority on Monday proposed to hike prices of petroleum products by Rs5.14 per liter and a summary has been prepared in this regard.

In a summary, the OGRA has proposed hike in the price of petrol by Rs4.80 per liter and high-speed diesel by Rs5.14 per liter. Prices of petroleum products were determined at the current rate of petroleum levy.

The new prices will be announced after approval of Prime Minister Imran Khan. The new prices will be fixed for 15 days.

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