OGRA has suggested the Ministry of Finance a cut in prices by Rs6 to Rs10 per litre
Published 2 years ago on Sep 15th 2024, 9:33 pm
By Web Desk
Islamabad: The government is likely to reduce petroleum prices tonight for second fortnight of September.
According to sources, the Oil and Gas Regulatory Authority (OGRA) has suggested the Ministry of Finance a cut in prices by Rs6 to Rs10 per litre.
They said the OGRA took into account the reduction in crude prices in global market from September 1 to 14 which comes between Rs8 and Rs12 a litre in Pak rupees.
They, however, said that reduction in petroleum prices may be around Rs2 to Rs5 per litre as the government is under IMF pressure as its board will meet on September 25 to consider Extended Fund Facility (EFF) for Pakistan.
Pakistan's solar industry shifts to heat-proof panels
- 8 hours ago
Apple Sports now lets you follow scores in a CarPlay widget
- 14 hours ago
Pakistan urges UNSC to act on Indus Waters Treaty
- 12 hours ago
Struggling Nike will cut around 1,400 jobs in efficiency push
- 8 hours ago
China's DeepSeek releases long-awaited new AI model
- 12 hours ago
US-Iran talks could resume soon in Pakistan: Pete Hegseth
- 8 hours ago
Warming El Nino set to return in mid-2026: UN
- 11 hours ago
SBP repays deposit of $1b to Abu Dhabi Fund for Development
- 14 hours ago
Iranian delegation likely to reach Islamabad later tonight, Pakistani sources say
- 11 hours ago
22 terrorists neutralised in KP's Khyber district: ISPR
- 14 hours ago
John Ternus is taking over from Tim Cook as Apple’s CEO
- 14 hours ago
First time transgender individuals recruited as prison wardens in KP
- 12 hours ago
You May Like
Trending
