Federal govt decides to maintain same prices of petrol and oil
Following OGRA’s proposal to reduce it by Rs0.06 and Rs0.66 per litre respectively, the federal government has decided to retain the price of petroleum products and kerosene oil for February.
OGRA had also recommended that the price of high-speed diesel be increased by Rs2.47.
The plan from the regulatory body came after a 15 per cent decline in the international market price of crude oil.
The government has however decided not to reduce prices, meaning that petrol will be available for Rs116.60 per litre, light diesel for Rs84.51, high-speed diesel for Rs127.26 and kerosene oil for Rs99.45.