Prices of petroleum products are likely to be increased as the Oil and Gas Regulatory Authority (OGRA) has sent a summary seeking change in hydrocarbons’ prices to cabinet division.
Sources said it is expected that price of petrol would be raised by Re 1 while price of High Speed Diesel will go up by 27 paisa. OGRA also suggested to decrease price of Kerosene oil by Rs 2.39. Price of Light Diesel is expected to go down by Rs 6.56. Final decision in this regard would be taken by Finance Ministry on October 31.
