ISLAMABAD: After a sharp cut in petroleum prices in International markets, the Oil and Gas Regulatory Authority (Ogra) is considering to suggest the government to cut the prices of petroleum products up to Rs9.88.
OGRA and PSO have come to a conclusion after thorough research on declining oil prices in Gulf region, the prices of HOBC have plunged by Rs9.88 per litre and high speed diesel by Rs7.16.
We are buying from Arab states only, when there is any change in prices it affects us. The government should at least decrease the petrol price by Rs 10 per liter if it really wants to give some relief to the masses. The government always quote international markets to increase the prices of petroleum products but it never decreased these prices in same way on falling international rates. In this way, Imran Khan and Tahirul Qadri seem to be right that the government doesn’t pass on any relief to the masses.
Due to heavy decline in oil price in recent weeks in international markets, Customs Today on behalf of general public appeals to the honourable Prime Minister Nawaz Sharif to reduce the price of petrol by Rs 10 per liter to provide relief to the masses.
