ISLAMABAD: The price of petrol will likely be hiked from January 1, however, prices of other petroleum product will be reduced.
The Oil and Gas Regulatory Authority (Ogra) has recommended Rs 2.17 per litre or 2.85 per cent increase in the price of petrol. According to the Ogra summary, a decrease of 7.08 per cent or Rs 5.93 per litre in the price of high speed diesel, 15.55 percent or Rs 8.29 per litre in the price of light diesel, 14.33 percent or Rs 8.07 in kerosene and 5.39 percent or Rs 4.35 per litre in that of high octane blended oil (HOBC).
