Islamabad: Oil and Gas Regulatory Authority (OGRA) has advised the federal government to raise the price of petroleum products by as much as Rs. 16, raising the possibility of a hike by February 16.
Citing the rising price of crude oil in international markets, OGRA has recommended the hike to be implemented by the middle of the current month. It is expected that the price of petrol will be raised by Rs. 5.50 while diesel is expected to be hitched up by Rs. 5.75 per liter.
OGRA has dispatched the summary to Petroleum Division, preparing the recommendation on Rs. 30 per liter levy. The summary recommends Rs. 16 per liter hike in petrol price and a Rs. 14.75 per liter hike in diesel price.
The current levy on petrol is Rs. 21.04 while on diesel it is Rs. 22 per liter.
The final decision will be made by the Finance Ministry in consultation with Prime Minister Imran Khan.
Some Google Home Speakers caught downloading hundreds of gigs of data
- 13 گھنٹے قبل
Two killed, 8 injured in attack on airport in Saudi oil city Dammam
- ایک گھنٹہ قبل
AMD is bringing FSR 4.1 to Xbox consoles and handhelds
- 13 گھنٹے قبل
This chart shows just how rapidly Ebola is spreading
- 11 گھنٹے قبل
The case for data centers, explained by a person who wants you to like them
- 11 گھنٹے قبل
Trump is coming for your credit card rewards. That’s good.
- 11 گھنٹے قبل
Bluesky’s AI tool now lets you make games and apps to share on social
- 13 گھنٹے قبل
Major European mobile carriers are teaming up for a ‘direct’ satellite program without Starlink
- 13 گھنٹے قبل
Why your health insurance is dropping GLP-1 coverage
- 11 گھنٹے قبل
We can finally hear some of Wu-Tang Clan’s Once Upon A Time in Shaolin album
- 13 گھنٹے قبل
Pakistan, Qatar, Indonesia, Turkiye Sign 'Badr' MoU
- 18 گھنٹے قبل
The French youth revolt
- 11 گھنٹے قبل
