The government has decided that there will be no increase in the price of Petrol for next fifteen days, Radio Pakistan reported on Wednesday.
According to a notification issued by the Prime Minister office, the price of High Speed Diesel has been reduced by 2.40 rupees per litre.
Petrol prices in the country were expected to decrease from October 1-15 in line with the Oil and Gas Regulatory Authority’s (OGRA) recommendations, sources said on Tuesday.
OGRA, in its summary to the petroleum division, suggested a reduction of Rs1.15 per litre in the petrol price during the first 15 days of October.
Meanwhile, the authority has suggested that the prices of light diesel and kerosene oil should be maintained at the same rate and the price of diesel should be slashed by Rs2.
The current price of petrol stands at Rs 103.97 per litre, whereas the per-litre prices of diesel, kerosene oil, and light diesel are Rs106.46, Rs65.29, and Rs62.86, respectively.