The OGRA begins work on a new summary that is likely to suggest a reduction in Petrol (POL) prices of up to Rs15.
As oil prices fall on the global market, a decision to lower gasoline prices may be made.
Due to reductions in the petroleum levy and other taxes, sources claim the government may offer relief.
As oil prices fall on the global market and the value of the dollar falls, the government may announce a significant reduction in the prices of petroleum products.
According to Daily Jang, the Oil and Gas Regulatory Authority (OGRA) has begun work on a new summary that could recommend a reduction in POL prices of up to Rs15.
The Oil and Gas Regulatory Authority (OGRA), according to Daily Jang, has started working on a new summary that could suggest a reduction in POL prices of up to Rs15.
The price of gasoline is expected to decrease by Rs. 12 and that of diesel by Rs. 15.
Following the prime minister’s approval, new rates will be announced on August 15 after OGRA sends a summary to the finance ministry on August 13 to fix new prices.