OGRA recommends Re 1 per litre cut in petrol price

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The Oil and Gas Regulatory Authority (OGRA) on Friday sent a summary to the government, recommending Rs 1 per litre reduction in the petrol price.

The OGRA proposed to increase the price of high-speed diesel by Rs 1.42 per litre and high-octane by Re 0.27. It also proposed to reduce the price of light diesel by Re 0.36 per litre and kerosene oil by Re 0.75 per litre.

1 COMMENT

  1. The Petrol price has been reduced only by FIVE PAISAS ! Could there be a bigger shame for the Democratically Elected Government ? The Oil producing countries are mourning the reduction. The Venezualian Oil Minister has even predicted that price may come down as low as US$ 20 a barrel !

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