Business

Petrol price likely to increase

ISLAMABAD: Federal government is likely to increase the per litre cost of petrol despite the constant decline of crude oil prices in the international market, ARY News reported.

Oil and Gas Regulatory Authority (OGRA) sources said that per litre price of petrol is expected to be hiked by Rs. 2.17.

Per litre diesel prices are likely to go down by Rs. 5.93 per litre whereas a decrease of Rs. 8.07 per litre is expected in kerosene prices.

The price of light speed diesel may decrease by Rs. 8.29 per litre.

The summary of the revised prices will be forwarded to the Finance Ministry.

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