OGRA has suggested the Ministry of Finance a cut in prices by Rs6 to Rs10 per litre
Published a year 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 calls for resumption of diplomacy to resolve ME crisis:Asim Iftikhar
- 14 hours ago
Sustainability in Gulshan-e-Ravi: a neighbourhood at the crossroads
- a day ago
AI deepfakes are a train wreck and Samsung’s selling tickets
- a day ago
CISA is getting a new acting director after less than a year
- a day ago
High-level meeting reviews country’s security situation
- 8 hours ago
The nuclear nightmare at the heart of the Trump-Anthropic fight
- a day ago
Operation Ghazab Lil-Haq: Pak Army responding effectively to Afghan Taliban's aggression
- 12 hours ago
One big takeaway from Trump’s SOTU, briefly explained
- 13 hours ago
Airlines suspend Middle East flights after US, Israel strikes on Iran
- a day ago
Khamenei is alive, Iran interested in de-escalation: foreign minister
- a day ago
PM Shehbaz cancels Russia visit amid escalating Iran conflict; emergency security meeting convened
- 14 hours ago
President, PM express grief over Ayatollah Khamenei’s martyrdom
- 9 hours ago
You May Like
Trending
