ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has recommended a huge cut in petroleum products in wake of massive reduction in oil prices in international market.
Ogra has sent a summery to the Petroleum Ministry for Rs6.14 per litre cut in petrol prices, which will make the price come down from Rs76.76 to Rs70.62 per litre. The high-speed diesel, which is being sold at Rs85.02 per litre, will be down to Rs77.2 per litre.
The light diesel oil after this reduction will be sold at Rs60.11 per litre, while the price of HOBC currently being sold at Rs82.79 will be available against Rs75.79 per litre.
