OGRA or Oil and Gas Regulatory Authority proposed the little decline in the petrol price in Pakistan from Saturday (tomorrow).
The petrol price in Pakistan can be slightly decreased as OGRA sent summary to the federal government. The decline of 6 paisa and 66 paisa per liter is expected in the petrol and kerosene oil. The international crude oil price is decreased by 15% whereas in Pakistan it is declining by just 0.1%.
On the other side, the light diesel and high speed diesel price in Pakistan can be increased by Rs 1.10 and Rs 2.47 per liter respectively.
New petrol price in Pakistan will be effective from February 1 as soon as the Ministry of Finance gives the approval.