ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has sent the summary for the revision of petroleum products’ prices to the ministry of petroleum on May 30.
The petrol price hike by Rs1.50 and a cut in diesel price by Rs2.00 have been proposed in the prepared summary, sources said.
OGRA sources said that kerosene price cut expected by paisa 15 per litre, while light diesel price likely to go up by paisa 5 and HOBC by paisa 50 per litre.
Petroleum products’ new prices would be effective from June 1.
