ISLAMABAD: As prices of Crude oil goes down in the international market, Oil & Gas Regulatory Authority (Ogra) on Thursday suggested cut in oil prices, including Rs7.56 per liter reduction in petrol prices.
Recommendations sent to the Petroleum Ministry, Ogra advised cuts in the diesel, high-octane , kerosene and petrol for the month of February.
Petrol is commonly used by Pakistani commuters in cars and motorcycles, the cut in petrol price is 9.9 percent suggested by Ogra.
For High-speed diesel (HSD) Rs 11 per litre and for light diesel oil (LDO) Rs8.17 per litre slash suggested by Ogra.
Oil and Gas Regulatory Authority (OGRA) after every month revise the price of petroleum prices.
The opposition parties Pakistan Peoples Party and Pakistan Tehreek-e-Insaf blames PML-N government that they are not passing the complete benefit of low prices to the public.