Oil & Gas Regulatory Authority (OGRA) has sent a summary to decrease petroleum prices to the Ministry of Petroleum. The OGEA recommended Rs 2.10 per liter reduction.
Rs 1.80 per liter in high speed diesel and Rs 1.50 per liter in light speed diesel.
The price of Kerosene oil is also expected to fall by Rs 3 per liter.
The new prices are expected to be operative from June 1 after the approval is given by Ministry of Finance.—NNI