Petrol Price Once Again To Meet Hike on February 1. The people of Pakistan are once again to bear the increase in the price of petroleum products.
The Oil and Gas Regulatory Authority (OGRA) has recommended an increase in the price of petroleum products. In this regard OGRA has sent summery to the federal government and proposed to increase the Petrol price up to Rs.2.98.
As per the OGRA recommendation the petrol price will increase up to Rs.2.98, Rs.12.74 increase is suggested in the price of kerosene oil while the High-speed diesel will meet hike in Price o f Rs.10.25.
If the OGRA recommendation for the petrol price hike approved the Prime Minister Shahid Khaqan Abbasi then the new prices will be applicable from 1st February, 2018.
It is worth mentioning here that the government has gifted the nation with New Year gift by increase the petroleum products prices on 1st January, 2018.
On the other hand the petroleum products prices are also going to increase in UAE. The petroleum prices in the UAE have been raised for February 2018.
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