Business

Possibility of reduction in petrol price

ISLAMABAD: Prices of petroleum products are likely to come down in the country from April 16.

According to sources, the Oil and Gas Regulatory Authority (OGRA) has sent a summary of changes in prices of petroleum products to the Petroleum Division.

Sources said that OGRA in its summary has recommended reduction in petrol and diesel prices after which petrol and diesel are likely to become cheaper by Rs 2.2 per liter.

According to sources, the final decision on OGRA’s summary will be taken by the Finance Ministry in consultation with the Prime Minister.

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