OGRA proposes to increase petroleum prices by May 1st

ISLAMABAD: The Oil and Gas Regulation Authority (Ogra) on Monday proposed the Petroleum Division to increase petrol price by Rs14.37 per litre by the start of May.

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According to sources, Ogra has also purposed to increase prices of high speed diesel and kerosene oil by Rs4.89 and Rs7.46 per litre respectively.

An increase of Rs6.40 per litre in price of light diesel has also been suggested.

Sources indicated that Ministry of Finance, after consulting with the Prime Minister, will finalise the proposed price hike.

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