POL prices likely to go down up to Rs. 14/ liter

KARACHI: Keeping in view the downward trend of Oil prices in the global market, Government have decided to reduce prices of petroleum products, ARY News reported.

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According to sources in Finance Ministry, prices of petroleum products is likely to be slashed up to Rs. 14 per liter.

In a summary sent by Oil and Gas Regulatory Authority (OGRA) has proposed to reduce Petrol price by Rs 9.82 and High Octane Blending Component (HOBC) by Rs 14.

Similarly, decrease of Rs 7.17 per liter in High Speed Diesel (HSD), Rs. 8.37 in Light Speed Diesel (LSD) and Rs. 8.37 in Kerosene oil is suggested.

Currently the petroleum price stood as follows, High Octane Bleeding Component (HOBC) at 127.78, Petrol at 103.62, High Speed Diesel (HSD) at 107.39, Light Speed Diesel (LDO) at 91.41 and Kerosine Oil at 95.68.



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POL prices likely to go down up to Rs. 14/ liter

by Zohaib Kazmi