The Oil and Gas Regulatory Authority (OGRA), on Friday, has proposed further reduction in petroleum prices amid sharp fall in demand due to COVID-19 pandemic.
As per the details, OGRA has recommended petrol price is expected to go down by 7.06 to 74.52 rupees per liter. Furthermore, kerosene price is expected to be lowered by 1.88 to 35.56 rupees and 9.37 to 38.14 rupees per liter respectively.
However, diesel price is expected to be increased by 5 paisa to be sold at 80.15 rupees per liter.
The change in petroleum prices will be for the month of June, and will came into effect following the approval by the federal government.