ISLAMABAD: The government may decrease prices of petroleum products by Rs4 per litre from December 1 after decline in oil prices in the international market.
The Oil and Gas Regulatory Authority (Ogra) proposed reduction in petrol price by Rs 3 per liter, high speed diesel Rs 4.10, light diesel Rs 2.50, kerosene oil Rs 3.50 while the price of high octane may go down by Rs 4.50 per liter.
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The summary will be forwarded to the petroleum ministry on November 30 whereas the Finance Ministry will give its final approval on the recommendation.
