Petroleum prices likely to go down from June 1st

Petroleum prices likely to go down from June 1st

Islamabad (Staff Report): Oil & Gas Regulatory Authority (OGRA) sent a summery to the Ministry of Petroleum, recommending a decrease in the prices of petroleum products from June 1st.

According to sources, the authority has recommended Rs 2.10 per liter reduction in petrol.

In addition, a reduction of Rs 1.80 per liter in high speed diesel and of Rs 1.50 per liter in light speed diesel has been recommended in the summary drafted by the regulatory authority.

The price of Kerosene oil is also expected to fall by Rs 3 per liter.