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Decrease in petroleum prices likely

According to Oil and Gas Regulatory Authority (OGRA) sources, price of petrol is likely to be decreased by Rs. 2.78 per litre whereas the High Octane fuel price is likely to be cut down by Rs. 3.68 per litre.

High Speed diesel price is likely to be slashed by Rs. 2.30 per litre and Rs. 1.98 is likely to be cut on Light Diesel.

Sources further said that the kerosene price is likely to go down by Rs. 2 per litre.

It should be noted that the federal government, in the previous month, had retained the same prices instead of slashing them.

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