OGRA Suggests Increase in Petrol Price. The Oil and Gas Regulatory Authority (OGRA) has suggested increase in petrol price and the price of other petroleum products.
OGRA has recommended the federal government to increase petrol price and other petroleum products, according to sources.
The summery by OGRA has suggested Rs.1.48 increase in petrol price, while kerosene oil has a suggested increase of Rs.15.35, high-speed diesel of Rs.1 and Rs.13.15 increase for light-speed diesel.
The price surge of petroleum products has been suggested after sharp increase in crude oil price, according to an analyst.
Crude oil price has surged piercingly over the market assumption that the OPEC members meeting schedule for 30th November to meet in Vienna is possibly cut the daily oil supplies.
If the federal government approves the OGRA summery on the increase of petrol price and other petroleum products then the new prices will be applicable from 1st December 2017.
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