ISLAMABAD: The federal government on Friday announced to slash prices of petroleum products with effect from tonight, Newsone reported.
Oil and Gas Regulatory Authority (OGRA) on Thursday forwarded a summary to Finance Ministry for reduction in petrol prices by RS 2 per Litre.
OGRA recommended Rs6 per liter decrease in diesel price and kerosene Oil Rs30 paisa per liter, while the rate of light diesel price proposed to be increased by 70 paisa per liter.
New fuel prices:
Petrol – Rs92.83 per litre
High Speed Diseal – Rs106.57 per litre
Light Speed Diseal – Rs 75.96 per litre
Kerosene Oil – Rs83.50 per litre