Petroleum Prices to Remain Unchanged for July – Research Snipers

Petroleum Prices to Remain Unchanged for July

PETROLEUM PRICES

The federal government has taken the decision to keep the petroleum prices unchanged for the month of July, as per the reports of local media.

The present prices of the petroleum would remain in effect for July, as per a notification issued by the petroleum ministry.

Previously, the Oil and Gas Regulatory Authority—OGRA had suggested a surge of Rs.2.30 per litre in diesel prices and Rs.0.26 per litre in the light diesel oil.

The regulatory authority had suggested reducing the petrol price by Rs.0.77 per litre and Rs.2.94 per litre decrease in the kerosene oil.

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OGRA had suggested increasing the petroleum prices and diesel prices by Rs.4.26 and Rs.4.5 per litre respectively for the month of June.

As per a notification issued by the Finance Ministry, the new petrol and high-speed diesel prices would be Rs.112.68 and Rs.126.82 per litre respectively.

In the meantime, the prices of kerosene oil and light diesel witnessed a surge of Rs.1.69 and Rs.1.68 per litre respectively. The kerosene oil would now cost Rs.98.46 per litre while the light diesel would be sold at Rs.88.62 per litre.

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