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Cut in petroluem prices upto Rs 10, Ogra forwards summary

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Islamabad: The Oil and Gas Regulatory Authority (OGRA) forwarded a summary to petroleum and finance ministries, suggesting a reduction in prices of all petroleum products for the month of December.

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According to summry of (OGRA), the price of petrol has been suggested to be reduced by Rs9.65, diesel by Rs7.15 per liter, moreover draft proposed gash of Rs 5 for kerosene oil, HOBC by Rs10.20 and Rs4 for Light diesel.

 In the international market, the crude oil price have fallen below $76 per barrel in the Middle East during the current month from $86 in October and $98 at the end of September.

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