Business
OGRA issues statement on rumors about petroleum prices
He added that in recent days the prices of petroleum products at the international level have fluctuated.
![OGRA issues statement on rumors about petroleum prices](/media/80759/conversions/ogra-dispels-rumours-about-diesel-petrol-shortage-1674543856-9971-1280x720.webp)
Islamabad: The spokesperson of the Oil and Gas Regulatory Authority (OGRA) issued a statement regarding the news about prices of petroleum products.
The spokesperson of the authority stated: “OGRA emphasizes the importance of avoiding speculation on the prices of petroleum products as that is dependent on the international prices of oil and the exchange rate of the dollar”.
He added that in recent days the prices of petroleum products at the international level have fluctuated after which an increase was observed.
The US dollar-rupee exchange rate has improved in the country and there is still a week left for the announcement of new petrol prices, so price speculation during this period could disrupt the oil supply chain, he said.
-
Weather 2 days ago
Rain likely at isolated places; humid weather to continue: PMD
-
World 2 days ago
Kamala leads Trump 44pc to 42pc in US presidential race
-
Pakistan 2 days ago
Free Meal Program to start at Islamabad schools from August 5
-
Pakistan 17 hours ago
Bad weather: Flight operations severely affected in Lahore
-
Pakistan 2 days ago
Nearly 50,000 Pakistani pilgrims go missing in Iraq: Minister
-
Business 13 hours ago
Gold price up by Rs1,000 per tola in Pakistan
-
Pakistan 1 day ago
Imran Khan candidate for chancellorship of Oxford University
-
Weather 1 day ago
Cloudy, sunny weather in Lahore, rain also expected