OGRA recommends slashing POL prices

WEBDESK: The Oil and Gas Regulatory Authority (OGRA) on Wednesday recommended reducing the price of petroleum products by as much as 14 rupees per liter.

OGRA has sent a summary advising the Ministry of Petroleum to reduce the price of petrol by Rs9.93, HOBC by Rs14.83, Diesel by Rs7.71 and kerosene oil by Rs8.37 per liter.

If approved, the new prices will be effective from the 1st of November 2014.