Regulatory authority recommends Rs 4.15/litre hike in petrol price

Petrol-effects

ISLAMABAD – Regulatory authority has recommended the Ministry of Petroleum to hike prices of petrol and high-speed diesel by Rs 4.15/ litre and Rs 4.30/ litre among those of other petroleum products on Monday.

In a summary forwarded to the ministry by Oil and Gas Regulatory Authority (OGRA), it has been recommended that kerosene oil price be hiked by Rs 16.70/litre, light-speed diesel by Rs 12.15/litre and that of HOBC by Rs 12.50/litre.

Currently, price of petrol is stagnated at Rs 68.04/ litre, that of high-speed diesel at Rs 77.22/litre, light-speed diesel at Rs 43.35/litre and current price of kerosene is Rs 43.25/litre.