The Oil and Gas Regulatory Authority (OGRA) has decreased petroleum prices for the month of September by up to 5.8 per cent in line with fluctuation of global oil prices.
According to the notification issued by the OGRA, the petrol price slashed by Rs4.59 per litre (3.9%) to Rs113.24 per litre from existing Rs117.83 per litre. Price of high-speed diesel (HSD) has been slashed by Rs7.67 per litre or (5.8%) to Rs124.80 per litre. The existing price of the HSD is Rs132.47 per litre.
The regulator has reduced price of kerosene oil by Rs4.27 per litre (4.1%) to Rs99.57 per litre. Ogra has cut Rs5.63 per litre (5.8 %) in the price of light diesel oil (LDO).In case the proposed reduction is approved; the LDO’s new price will be Rs91.89 per litre against existing price of Rs97.52 per litre.
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