Petroleum prices likely to decline by Rs6.5

KARACHI: Prices of petroleum products are expected to decrease by Rs6.5, Geo News reported Thursday.According to sources, OGRA has proposed reduction in prices of petroleum products according to...

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AFP
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Petroleum prices likely to decline by Rs6.5
KARACHI: Prices of petroleum products are expected to decrease by Rs6.5, Geo News reported Thursday.

According to sources, OGRA has proposed reduction in prices of petroleum products according to which petrol will be decreased by Rs5 per litre, diesel and Kerosene oil Rs2.5, HOBC Rs6.5 and light diesel by Rs 2.9.

The summary has been forwarded to petroleum ministry, sources told.

The new fortnightly prices will be announced on June 30.