Tsunami of inflation: OGRA recommends mammoth Rs14.37 hike in petrol price

OGRA recommends mammoth Rs14.27 hike in petrol price
Islamabad: Ostensibly, it seems that another tsunami of inflation is going to hit the masses soon as Oil and Gas Regulatory Authority (OGRA) has on Monday recommended a mammoth Rs14.37 per liter hike in petrol price, GNN News reported.

As per details garnered, the governing body has forwarded the summary in this regard to petroleum division. If approved, the new price will come into effect from May 1.

OGRA has also recommended raising diesel price by Rs4.89 per litre, furnace oil by Rs7.46 per litre, and light diesel by Rs6.40 per litre.