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Petroleum Prices Likely to Go Down from September

ISLAMABAD: The prices of petroleum products are likely to be slashed from September.

According to details, the Oil and Gas Regulatory Authority (OGRA) has recommended a decrease in the prices of petroleum products and forwarded a summary in this regard to the petroleum division.

According to OGRA’s summary, a decrease of Rs4.59 per litre was recommended in the price of petrol.

For diesel, the regulatory authority recommended a decrease of Rs7.67 per litre.

Similarly, the body recommended cutting down the price of light diesel oil by Rs5.63 per litre. The body also suggested slashing the price of kerosene oil by Rs4.27 per litre.

Prime Minister Imran Khan will take the final decision in this regard. If approved, the new price will be implemented from September 1.