Business

Govt to increase petroleum prices in July

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has submitted the summary for new prices of petroleum products to the Ministry of Petroleum for July, ARY News reported Friday.

According to the summary, an increase of 0.84 paisa has been proposed for petrol, while high speed diesel 0.27 paisa and high octane Rs 3.63.

Similarly, an increase of 30 paisa is proposed in kerosene oil. The rates of light diesel are also expected to increase by 22 paisa.

The government officials had already hinted earlier this month at hike in rates of petroleum products for the month of July.

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