Oil & Gas Regulatory Authority (OGRA) has recommended to an increase in the prices of petroleum products up to Rs9.43/liter.
According to OGRA high official, OGRA has recommended a downward revision in the prices of petrol and diesel by Rs. 1 and Rs. 1.06 per liter respectively.
OGRA official also added that , OGRA has proposed a hike of kerosene oil by Rs2.11, light diesel Rs3.38, high-octane blending content (HOBC) by Rs9.43.
The new prices will take effect from (12:00 AM) May 1, 2015.