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Petroleum prices likely to soar once again

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) is ready to drop the bomb of price hike on the people of Pakistan on Monday, as prices of the petroleum products are expected to shoot up once again.

OGRA pakistan newsThe sources told that the petrol price is expected to mount by Rs 5.97 per liter while high-speed diesel will go up by Rs 4.51, high octane petrol by Rs 7.11 and kerosene oil will go up Rs 5.15 per liter.

PML-N chief Nawaz Sharif condemned price hike in petroleum products from the government in an issued statement, called it an extra-burden on already underprivileged people of the country.

Same sentiments came from MQM leadership as they considered the government’s decision of price hike will spread further disappointment among public.

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