The government has made consecutive reduction in petrol prices in two months and bringing prices to the lowest level in five years
The Oil and Gas Regulatory Authority (OGRA) has announced another huge cut in prices of petroleum products
The new rates will come into effect from December 01, 2014.
According to the notification, price of petrol will be reduced by Rs.9.66 to Rs.84.53/litre; that of high speed diesel by Rs.7.12; High Octane by Rs 0.61 and that of Kerosene oil by Rs 4.34.