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.
Six wounded in Tel Aviv after Iran missile alert: medics
- 32 minutes ago
R.I. team wins state title after tragic rink shooting
- 11 hours ago
NFL to consider 5-year window for pick trades
- 11 hours ago
Ohtani jersey from WBC goes for record $1.5M
- 5 minutes ago
AI could reverse social media’s worst consequence
- 10 hours ago
Panthers' Greer suspended 3 games for shove
- 5 minutes ago
How to watch 2026 PGA Valspar Championship on ESPN
- 11 hours ago
PMD forecasts week-long rain spell for Karachi, Lahore from tomorrow: PMD
- 24 minutes ago
Trump wants a deal with Iran but success of talks unlikely, Israeli officials say
- 34 minutes ago
Gurpatwant Singh Pannun signals armed struggle against India
- 2 hours ago
Pakistan ranked most polluted country in 2025, data shows
- 28 minutes ago
Gold prices surge in Pakistan, global markets
- 42 minutes ago
