Pakistan News / Business News > According to the latest POL Prices Updates Oil and Gas Regulatory Authority is going to increase the Petrol Prices by Rs. 5.50 per liter and diesel price will be decreased by Rs. 1.25 per liter, E Pakistan News Reported.
This increment in the prices of Petrol is due to the jump in international oil market which rose by 2$ per barrel from 113 $ to 115$.
Sources told that new prices notification will be apply from 17th September and high Octane Blending Content (HOBC) could be made dearer by Rs1.5-2 and kerosene oil by Rs0.40.
sources also added about the CNG that, The rates of compressed natural gas (CNG) are also expected to spike.
Oil & Gas Regulatory Authority (OGRA) is all set to dispatch a summary to the ministry of petroleum in this regard.