Oil and Gas Regulatory Authority suggested to the federal government to reduce the oil prices by up to Rs. 4 per liter.
According to the details, OGRA suggested that the government should reduce the price of petrol. They suggest the government to reduce the petrol price by Rs. 2.55 per liter, high-speed diesel price will reduce by Rs. 3.23 per liter and the price of light-speed diesel price will reduce by Rs. 2.41 per liter. Authorities said to the government to increase the rate of kerosene oil by Rs. 1.19 per liter.
Authorities present this suggestion on 27,9,2019 to the federal government and the government will announce the final decision regarding the reduction of oil prices on 30th September 2019.
Here are the current prices of oil:
| Petrol Price Per Liter | PKR 113.24 |
| High-Speed Diesel Price Per Liter | PKR 127.14 |
| Light-Speed Diesel Price Per Liter | PKR 91.89 |
| Kerosene Oil Price Per Liter | PKR 99.57 |
Wait for the final decision of the government and more updates about the auto sector stay tuned with Auto deals.
