Prices of petroleum products in Pakistan likely to increase from October 16: sources

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The costs of petroleum merchandise are more likely to improve from October 16, 2021, sources stated on Thursday.

In response to sources, the Oil and Fuel Regulatory Authority (OGRA) has despatched a abstract to the Petroleum Division, suggesting a change within the costs of petroleum merchandise.

The sources additional added that OGRA has recommended mountaineering the value of petrol by Rs5.90 per litre. The authority additionally beneficial growing the costs of diesel by Rs9.75 per litre. 

Subsequently, the petroleum division will take the ultimate resolution relating to the costs of petroleum merchandise in session with Prime minister Imran Khan.

To date, the federal government, within the final two fortnights, has authorised a rise within the value of petrol of Rs9 per litre and high-speed diesel of Rs7.01 per litre from September 16.