POL prices likely to reduce in September

KARACHI: The Oil and Gas Regulatory Authority (OGRA) has sent the summary to Ministry of Petroleum suggesting the revision in the petroleum prices for the month of September on Saturday, ARY News reported.

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According to sources, the authority has suggested the decrease of Rs.1.45 per liter in petrol price, Rs.1 for High Speed Diesel (HSD) and Rs. 1.60 per liter in High Octane Blending Component (HOBC) price while price of kerosene oil is likely to remain unchanged.

At present, the petroleum products prices stand as follows, Petrol at Rs.107.97/liter, high speed diesel at Rs.109.34/liter, light diesel oil at Rs.93.27/liter, HOBC at Rs.131.26/liter and kerosene oil at Rs 97.05 per liter.

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POL prices likely to reduce in September

by Zohaib Kazmi