A final approval pertaining to the fresh hike in prices of petroleum products will be taken by the Prime Minister Imran Khan
Islamabad: The Oil and Gas Regulatory Authority (OGRA) has recommended up to Rs8.5 hike in prices of petroleum products from February 16, sources said on Monday.
The regulator, in its summary forwarded to Petroleum Division, recommended Rs8.5 per litre increase in petrol price, according to sources.
Similarly, a hike of Rs5.5 per litre was recommended in price of diesel.
A final approval pertaining to the fresh hike in prices of petroleum products will be taken by the Prime Minister Imran Khan.
The OGRA increased the prices of petroleum products on the basis of the existing levy.
Sources said that if the federal government raises the levy, the hike of prices will be more than summary hike prices. It added that there is no chance to further decrease levy on petroleum products.
The decision regarding prices of petroleum products will be taken by the premier. New prices of petroleum products will be announced tomorrow.
Perplexity brings its Comet browser to Android
- 19 hours ago
When did Thanksgiving turkey become such a big deal?
- 17 hours ago
How to survive awkward encounters
- 17 hours ago
Judge wants to fix Google’s ad tech monopoly before it’s too late
- 19 hours ago
Govt ready to support joint ventures, investment plans: Shehbaz Sharif
- 6 hours ago
Pakistan, Iran reaffirm commitment to deepening strategic ties during Dr Larijani’s visit
- 2 hours ago
The surprisingly profound debate over whether fish feel pain
- 8 hours ago
Amazon is using AI to create video recaps of its biggest streaming shows
- 19 hours ago
What Marjorie Taylor Greene’s feud with Trump is really about
- 17 hours ago
MAHA’s war on antidepressants
- 17 hours ago
As Windows turns 40, Microsoft faces an AI backlash
- 19 hours ago
Trump’s revenge campaign falls flat
- 17 hours ago
